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You have been hired to implement an enterprise system that will automate much of the billing and accounting work for a statewide HVAC services company. Which of the following would you prepare to describe how the new system will affect a firm's structure and operations?
Confidence Interval
Values range, derived from the examination of a sample, expected to enfold the value of a concealed population parameter.
Mean
The average of a set of numbers, calculated by summing the values and dividing by the count of numbers.
Variability
Indicates the range and dispersion of individual scores from the mean in a dataset.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, providing a measure of uncertainty around a sample estimate.
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