Examlex
Review the below list of key terms and determine which one typically occurs during operational business process improvement
Bootstrap Methods
Statistical techniques that involve resampling with replacement from an observed data set to generate a sampling distribution and estimate properties of an estimator.
Small Sample
A small sample refers to a subset of data or observations that is considered insufficient in size to represent the whole population adequately for statistical analysis.
Traditional Methods
Conventional or long-established techniques or practices used in a particular field or profession.
Inference
The process of drawing logical conclusions from premises or evidence.
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