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.
LINK / CITE ADD TO WORD LIST. noun. The definition of globalization is the process of growing and expanding to exist throughout the entire world. An example of globalization is when a company has offices in the US, Europe, China, Mexico and throughout the world.lobalization-Investment & Finance Definition. The spreading influence of companies beyond their national borders and increased interconnectivity between the economies and cultures of countries. Since 2000, there have been increasingly vocal protests against the ill affects of globalization.