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What advantages does outsourcing not provide an organization?
Sample Proportion
The fraction or percentage of the sample that possesses a certain property or characteristic.
Probability
An indicator of the probability or risk that a certain event will happen, represented by a numerical value ranging from 0 to 1.
Population Mean
The average of a set of numerical values, calculated by summing all the observations and dividing by the total number of observations in the population.
Finite Population
A population set that contains a countable number of elements or observations.
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