Transit Time Reliability Is the Most Important Factor That Shippers

question 49

True/False

Transit time reliability is the most important factor that shippers tend to use when selecting carriers.

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Definitions:

Margin Of Error

An estimate of the amount by which a sample statistic differs from a population parameter, expressed often as a confidence interval.

Equal Sample Sizes

A condition in statistical analysis where the number of data points or observations in each group or category being compared is the same.

Population Variances

A measure of the dispersion or spread of data points in a population, indicating how much the data varies from the mean of the population.

Sample SD

The standard deviation of a sample, representing the dispersion or variability of the sample data points from their mean.