Examlex
Why do unionized firms,as well as unionized workers,tend to favour pensions and other forms of deferred compensation?
Variance
A measure of variability that quantifies the spread of a set of data points around the mean.
Confidence Level
The probability or degree of certainty that a confidence interval would contain the true population parameter if the same procedure were repeated multiple times.
Confidence Interval
A range of values, derived from sample statistics, that is believed to contain the true population parameter with a specified level of confidence.
Population Parameter
A numerical value summarizing the whole population.
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