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Wacker Company has two regional offices.The data for each follows:
What is the Adelaide Division's return on investment?
Nonrandom Sampling
A sampling technique where the samples are gathered in a process that does not give all the individuals in the population equal chances of being selected.
Sampling Error
Sampling error is the discrepancy between a sample statistic and its corresponding population parameter, caused by selecting a sample rather than conducting a census.
Mean Income
The average amount of income received over a specific period of time, calculated by dividing the total income by the number of recipients.
Binomial Variable
Variable consisting of exactly two categories.
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