Examlex
China's GDP is larger than Japan's.
Margin of Error
A measure indicating the range of values above and below a sample statistic in a confidence interval.
Point Estimate
A single value derived from sample data that serves as a best guess or best estimate of a population parameter.
Confidence Interval
A spectrum of values, extracted from statistics of a sample, presumed to hold the value of a not-yet-known population characteristic, assured with a particular degree of confidence.
Sample Size
The number of observations or data points that are included in a statistical sample.
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