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The most visible effect of the Industrial Revolution in Europe was the
Confidence Coefficient
The degree of certainty or probability that a specified parametric interval will contain the true value of an unknown population parameter.
Power of the Test
The probability that the test will correctly reject a false null hypothesis, essentially reflecting the sensitivity of the test.
Population Parameter
A numerical value that summarizes a characteristic of an entire population.
Statistical Inference
The process of drawing conclusions about a population's characteristics based on a sample drawn from it.
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