Some Companies Have Begun to Offer Small Payment and Micropayment

question 12

Multiple Choice

Some companies have begun to offer small payment and micropayment services through ____ telephone carriers.

• A)Internet-based
• B)specialized
• C)land-line
• D)mobile

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Definitions:

Daily Production

The total quantity or volume of goods and services produced within a single day by a company, industry, or economic sector.

Population

The complete set from which data or individuals are drawn for statistical measurement or analysis, distinguishable by specific characteristics.

Interval Estimate

An estimate of a population parameter that provides a range of values instead of just a single point.

T Distribution

A type of probability distribution that is symmetric and bell-shaped, used in statistics for small sample sizes when the population standard deviation is unknown.