Examlex
In a partnership, if both partners bring the same qualities to the business, then one of them is probably not needed.
Biased Estimator
A statistical estimator that does not generate parameter estimates with long-run average values equal to the true population parameter.
Sample Statistic
A numerical measure that describes an aspect of a sample.
Population Parameter
A numerical value summarizing a characteristic of an entire population.
Point Estimate
A single value given as an estimate of a population parameter, derived from sample data.
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