Examlex
Tailor-made software is called custom-developed software.
Confidence Interval
A range of values, derived from the sample statistics, that is believed to contain the true population parameter with a certain probability.
Standard Deviation
A quantitative assessment of how much data points diverge from the average value in a series.
Mean Weight
The average weight calculated by summing all the weights in a dataset and dividing by the number of observations.
Confidence Interval
A confidence interval is a range of values, derived from sample statistics, that is believed, with a certain level of confidence, to contain the true value of a population parameter.
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