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You work in a data analyst unit for a large fast food restaurant chain, planning a customer survey and a colleague informs you that a 95% confidence interval has a 95% probability of containing a population parameter. Because of this, she insists that a survey distributed at one restaurant will provide significant results. Do you agree with her?
Voluntary Association
A group formed by individuals who voluntarily come together to pursue a common interest or goal.
Co-own
To have joint ownership or share ownership rights of a property, asset, or entity with one or more individuals or entities.
Corporation
A legal entity that is separate from its owners, who share limited liability protection, and is recognized by law as having rights and responsibilities.
Profit
The right to go onto someone’s land and take part of the land or a product of it away from the land.
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