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When a sole trader sets up they may have some unstated aims or objectives - for example to survive for the first year. Other businesses may wish to state exactly what they are aiming to do, such as Amazon, the Internet CD and bookseller, who wants to “make history and have fun”. An aim is where...

1. You are in charge of promoting a new flavour of tooth paste yet to be produced in a tooth paste manufacturing unit which sampling techniques will you use to get the required data from a population? Answer: Sampling is that part of statistical practice concerned with the selection of...

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