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A growing portion of US R&D expenditures goes to the development as opposed to the research side.
Confidence Level
The probability that a confidence interval captures the true parameter value in repeated samples or experiments.
Population Parameter
A value that represents a characteristic of an entire population, such as its mean or standard deviation, often estimated from a sample.
Confidence Interval
A selection of numerical values, culled from sample data, likely to hold within it the value of an unrevealed population parameter.
Population Mean
The average of all the data points in a population, representing the central tendency of the entire population's values.
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