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Which of the following is true about the Federal Sentencing Guidelines for Organizations?
Standard Error
Standard error measures the dispersion of sample means around the population mean, providing an insight into the precision of a sample mean as an estimate of the population mean.
Confidence Interval
A range of values, derived from sample data, within which there is a certain level of confidence that the true population parameter lies.
Mean
The mean is the arithmetic average of a set of numbers, calculated by dividing the sum of all values by the count of the values.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.
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