Examlex
An audit tool utilizes number counts in different categories to determine if the correct E/M code was used in billing an insurance carrier.
Interval Estimate
A range of values used to estimate a population parameter, typically constructed with a specific confidence level to contain the parameter.
Margin Of Error
An expression of the amount of random sampling error in a survey's results, indicating a range within which the true value lies with a certain level of confidence.
Point Estimate
A single value or statistic that is used to estimate the value of an unknown population parameter.
Population Standard Deviation
A measure of the dispersion or spread of all the values in a population, representing the square root of the population variance.
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