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Hudson Manufacturing is an MNE based in the U.S.with operations in Asia.The firm is considering expansion into the European Union.Which of the following questions is most relevant to the decision?
Confidence interval
A range of values, derived from the sample statistics, that is likely to contain the value of an unknown population parameter.
Confidence interval
An estimated range of values calculated from sample data that is likely to include the true population parameter with a specified level of confidence.
Average hourly income
The average amount of money earned by an individual or group per hour worked.
Confidence interval
A palette of statistical results, extracted from samples, aiming to encompass the unspecified value of a population attribute.
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