Examlex
There are currently more high-paying jobs in the service sector than in the goods-producing sector.
Mean
The average value of a data set, calculated by adding up all the numbers in the set and then dividing by the count of the numbers.
Confidence Interval
A spectrum of values, from sample measurements, that is anticipated to capture the value of a hidden population parameter.
Standard Error
A statistical measure that describes the distribution of sample means around the population mean, indicating the accuracy of a sample mean as an estimate of the population mean.
Confidence Interval
A range of values, derived from sample statistics, that likely contains the true value of an unknown population parameter.
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