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You are working at the reception desk and are on the phone when Mr. Tomas arrives. What should you do?
Binomial Populations
Populations for which the outcomes can be classified into two categories (success/failure) and the number of successes in a set number of trials can be predicted.
SRS
Stands for Simple Random Sample, a sampling method where each member of the population has an equal chance of being selected.
Confidence Interval
A range of values derived from sample data that is believed, with a certain level of confidence, to contain the true value of the population parameter.
Population Proportions
The fraction or percentage of items in a particular category within the entire population.
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