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Dr.Kwan,a professor at a local university,has been working with the union leaders and management at Empire Corporation to help the two sides resolve differences over desired wage levels for a new contract.First,he met with each side privately to determine any common ground for agreement.For the past week,he has worked with representatives from each side to promote communication and compromise at the bargaining table.Dr.Kwan is an) :
Bootstrap Confidence Interval
A type of confidence interval calculated by resampling a dataset with replacement and estimating the desired statistic multiple times.
Bias
In statistics and research, bias refers to a systematic error that leads to incorrect results by favoring certain outcomes over others unintentionally.
Normal
Pertaining to or describing a type of continuous probability distribution for a real-valued random variable that has a symmetrical, bell-shaped curve known as the normal distribution.
Bootstrap Distribution
A resampling method used in statistics to estimate the distribution of a statistic by repeatedly sampling with replacement from the original data.
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