Examlex
Based on information provided in the text,which of the following trends has lead to increased household consumption
Population Mean
The average of all observations or scores in a population.
Confidence Level
The probability that a confidence interval will contain the true population parameter.
Population Parameter
A numerical value that summarizes or describes a characteristic of an entire population.
Confidence Interval
Confidence interval is a range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter with a certain level of confidence.
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