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.
GLOBALIZATION THEORIES (Back to list of theories). World-System Theory (Synopsis and Analysis). Synopsis. Globalization is the process, completed in the twentieth century, by which the capitalist world-system spreads across the actual globe.