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Instruction 8-11
A sample of salary offers (in thousands of dollars) given to students majoring in management is: 28, 31, 26, 32, 27, 28, 27, 30, 31, and 29. Using this data to obtain a 95% confidence interval resulted in an interval from 27.5 to 30.3.
-Referring to Instruction 8-11,the confidence interval obtained is valid only if the distribution of the population of salary offers is normal.
Department of Justice
A federal executive department of the U.S. government responsible for the enforcement of laws and administration of justice.
Celler-Kefauver Act
A United States antitrust law passed in 1950 to prohibit certain mergers and acquisitions that could lead to a decrease in competition.
Lessen Competition
A situation or strategy in which there is a reduction in the intensity of competitive forces within a market or industry.
Patent Legislation
Laws that grant inventors exclusive rights to their inventions, preventing others from making, using, or selling the invention without permission.
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