Examlex
When constructing confidence interval for a parameter,we generally set the confidence level 1 - close to 1 (usually between 0.90 and 0.99)because it is the probability that the interval includes the actual value of the population parameter.
Herring
A small, silver-colored fish commonly found in the temperate waters of the North Atlantic, a significant source of food globally.
Opportunity Cost
The cost of an alternative that must be forgone in order to pursue a certain action or in the context of making a decision.
Cell Phones
Portable telecommunications devices that allow users to make voice calls, send text messages, and access various digital services.
Herring
A type of fish that is widely used for food and is important in many cultural dishes.
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