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The sampling error can either be positive or negative.
Population Variances
A measure of how data points in a population are spread out, indicating the variability of the entire population.
Confidence Interval Estimate
An interval estimate is a range of values used to estimate a population parameter, typically defined by two numbers between which a population parameter is said to lie with a certain level of confidence.
Normally Distributed Populations
Populations in which the variables of interest follow a distribution that conforms to the properties of a normal curve, implying a symmetric distribution of data around the mean.
Independent Samples
Two or more groups of data that are collected from separate and unrelated populations, with each group not influencing the others.
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