Examlex
The best fund in which to account for the interest and dividends from an endowment to purchase library books for a city would be a(n)
Probability
The measure or likelihood of a particular event or outcome occurring.
Sampling Error
The discrepancy between the statistical characteristics of a sample and those of the overall population, arising because the sample is not perfectly representative.
Mean Number
The average value of a set of numbers, calculated by dividing the sum of all the numbers by the count of the values.
Binomial Variable
A type of random variable that takes on one of two possible outcomes, for instance, success or failure, often with a fixed probability of occurrence.
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