Examlex
What are the advantages and disadvantages of employee ownership programs?
Median
The middle value in a data set when the values are arranged in ascending or descending order.
Skewed
A description of data that are not symmetrically distributed around the mean, often indicating a longer tail on one side of the distribution.
Parameter
In statistical analysis, a parameter is a quantity that characterizes a certain aspect of a population or a model.
Statistic
A number that describes a characteristic of a sample, derived from the data that the sample contains.
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