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A random sample of size 25 was selected from a population and from that sample the value of a statistic,which we will label ,was determined to be
= 6.250.Using the bootstrap method,5000 resamples were obtained from the sample observations.The histogram of the values of the
statistic from these 5000 resamples looked reasonably Normal.The 5000
's had a mean of 6.234 and standard deviation of 1.493.Which of the following statements about this situation is/are TRUE?
Explosive Growth
A rapid and substantial increase in a company's sales, revenue, or size in a short period, often seen in technology startups.
Proposed Locations
Suggested sites or areas under consideration for setting up new facilities, stores, or other business operations.
Product Positioning
The place a product occupies in consumers’ minds based on important attributes relative to competitive products.
Competitive Products
Goods or services that are in direct competition with each other, vying for the same customer base within a market.
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