Examlex
Frequency is most important where there are weak competitors, a complex story to tell, low consumer resistance or an in-frequent purchase cycle.
Confidence Interval
A range of values, derived from sample statistics, that is believed to contain the true value of a population parameter with a specified level of confidence.
Population Proportion
The fraction or percentage of members in a population that exhibit a particular trait or characteristic.
Confidence Level
The percentage of times that a confidence interval, if repeated from multiple samples, would encompass the true population parameter.
Population Parameter
A numerical value that represents a characteristic of an entire population, such as mean or variance.
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