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.
Global issues, globalization, and global public goods are related but differing. concepts. Globalization generally refers to the increasing integration of. economies around the world, particularly through trade, production chains. (where parts for a ï¬nal good, such as an automobile, are produced in one.