Examlex
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Normally Distributed
Describes a data set that follows a bell-shaped curve where most observations cluster around the mean and probabilities for values taper off symmetrically towards both extremes.
Standard Deviation
Standard deviation is a measure of the amount of variation or dispersion of a set of values, indicating how much the values in the set differ from the mean.
Random Samples
A sample from a population that is chosen in such a way that every member of the population has an equal chance of being selected.
Standard Error
The standard deviation of the sampling distribution of a statistic, particularly mean, indicating the variability of an estimate from sample to sample.
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