Examlex
The standard error of sample mean is large when the observations in the population are spread out (large
),but that the standard error can be reduced by taking a smaller sample.
Continuous Metric
A measurement scale that allows for infinite precision and an infinite number of possible values within selected ranges.
Blood Pressure
The pressure of circulating blood against the walls of blood vessels, an important indicator of heart health.
Flipping a Coin
A random experiment or process that has two possible outcomes, typically referred to as "heads" or "tails."
Accounts Receivables
Accounts receivables are the amount of money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
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