Examlex
Suppose that a 95% confidence interval for μ is given by .This notation means that,if we repeatedly draw samples of the same size from the same population,95% of the values of
will be such that μ would lie somewhere between
.
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A third party that benefits from a contract made between two other parties, wherein the promisee's intention is to provide a benefit to the creditor beneficiary.
Intended Beneficiary
An individual or entity that is not a direct party to a contract but stands to benefit from its performance.
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Legal, social, or ethical principles of freedom or entitlement.
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A legally binding agreement between two or more parties that delineates the terms of their relationship and obligations to each other.
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