Examlex
Which of the following statements in true?
Mean Income
The average amount of money earned by individuals or households in a specified region or demographic segment.
Resamples
In statistics, creating new samples from an observed dataset, often to perform bootstrap or permutation tests.
BCa Confidence Intervals
A type of confidence interval used in statistics that adjusts for both bias and skewness in bootstrapping, providing a more accurate interval estimate.
Statistic
A numerical value that summarizes or describes a characteristic of a sample of data.
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