Examlex
Select the term that is spelled correctly and give its meaning.
-A. traser studies
B. tracer studies
A or B: _____ meaning: __________
Estimator
A rule or formula that provides a means to calculate an estimate of a given parameter from sample data.
Parameter
A value that summarizes a characteristic of a population or a statistical model.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, expressed with a certain level of confidence.
Confidence Level
A confidence level is a statistical parameter that expresses how certain one is in the results of a statistical experiment, often represented as a percentage that quantifies the probability that the true parameter lies within the confidence interval.
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