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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
An airline is considering changing the color scheme of its planes' interiors.A focus group of 220 people was asked which color scheme they preferred.Of those who expressed a preference,87 preferred the new color scheme,while 121 preferred the old.
-You want to get a gumball out of a gumball machine.You really like the ones colored blue.You can see that there are four different colors in the machine: blue,red,yellow,and white.You buy 40 gumballs and record the colors.Is there sufficient evidence to suggest that the distribution of colors is not uniform?
Rule Of Reason
A doctrine used in antitrust law to determine if a business practice is acceptable, considering its purpose, effects, and whether it restrains trade.
Clayton Act
A U.S. antitrust law, passed in 1914, aimed at promoting competition and preventing monopolies by addressing specific practices not covered by the Sherman Act.
Treble Damages
A form of punitive damages awarded in a legal case that are three times the amount of actual compensatory damages.
Civil Actions
Legal proceedings initiated by individuals or entities (aside from the state) to seek relief or damages from another party.
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