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What Is Electronic Data Interchange? What Are Its Applications

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What is electronic data interchange? What are its applications?


Definitions:

Sampling Error

The discrepancy between the statistics calculated from a sample and the corresponding values in the entire population.

Confidence Interval

A confidence interval is a range of values, derived from statistical analysis, that is likely to contain the true value of an unknown population parameter.

Census Limits

The constraints or limitations inherent in conducting a census, such as time, cost, and accuracy of data collection.

Quota Sampling

A sampling method where participants are selected to ensure that certain characteristics are represented to a set proportion.

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