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.
Define globalization: the act or process of globalizing : the state of being globalized; especially : the development of an increasingly integratedâ¦ the act or process of globalizing : the state of being globalized; especially : the development of an increasingly integrated global economyâ¦