Examlex
Which one of the following statements is correct?
Difference in Means
A statistical measure that evaluates the difference between the average values of two groups or sets.
Bootstrap Confidence Interval
A method of estimating the confidence interval for a parameter by resampling with replacement from the original data and recalculating the statistic of interest multiple times.
Bias
A systematic error or deviation from the true value in data collection, analysis, interpretation, or review that can lead to incorrect conclusions.
Trimmed Mean
Trimmed Mean is a measure of central tendency calculated by removing a specified percentage of the smallest and largest values from a data set before calculating the mean of the remaining data.
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