Examlex
Joshua has had a portion of his liver removed. His physician is confident that Joshua will improve because the liver will regenerate. How is this possible?
Standard Deviation
A measure indicating the dispersion or variability of a set of data points from their mean, used in statistics to quantify the amount of variation.
Probability
The measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.
NORM.DIST
A function in software packages, such as Excel, used to calculate the normal distribution of a set of data.
Point Estimate
A single value estimate that serves as the best guess or most likely value for a population parameter based on sample data.
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