Confidence intervals consist of a range of values (interval) that act as good estimates of the unknown population parameter; however, in infrequent cases, none of these values may cover the value of the parameter. It does not describe any single sample.
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.
Definition of global. 1  1 : spherical. 2  2 : of, relating to, or involving the entire world : worldwide a global system of communication; also : of or relating to a celestial body (such as the moon) 3  3 : of, relating to, or applying to a whole (such as a mathematical function or a computer program) : universal a global search of a file.