Examlex
gross domestic product is the value of linked back to the prices of a single year.
Population Standard Deviation
A measure of the dispersion or spread of a set of data values in a population, indicating how much individuals within this population vary from the population mean.
Interval Estimate
An estimate of a population parameter that provides a range of values believed to contain the parameter with a certain degree of confidence.
Sample Standard Deviation
A measure of the dispersion or variability of a set of data points in a sample.
Point Estimate
A single value estimation derived from a sample that serves as the best guess of a population parameter.
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