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What is the most important part of the marketing plan for marcom managers?
Inferential Statistics
The branch of statistics focused on making predictions or inferences about a population based on a sample of data drawn from that population.
Standard Error
A measure that describes the dispersion or variance of sampling distribution of a statistic, most commonly the mean, indicating the precision of an estimate.
Sample Size
The number of observations or entities included in a statistical sample, impacting the study's precision and results.
Mean Increases
A term used to describe the situation where the average value of a dataset or distribution shows an upward trend.
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