____ Data Is Input Data for Which You Already Know

question 135

Multiple Choice

____ data is input data for which you already know the results.

• A) Test
• B) Complex
• C) Scenario
• D) Break-even

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Definitions:

Normally Distributed

Describes a dataset whose distribution forms a symmetric, bell-shaped curve when plotted, with most data near the mean.

Margin of Error

An expression of the amount of random sampling error in a survey's results, indicating the range within which the true population parameter is likely to lie with a certain level of confidence.

Confidence

The degree of certainty or belief in a certain outcome, often used in the context of statistical confidence levels.

Standard Deviation

A statistic that quantifies the dispersion or variability of a set of data points around the mean.