Please Define the Following Key Terms

question 33

Short Answer

Please define the following key terms.
-cum manu

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Definitions:

Sample size

The number of observations or data points collected from a population for a study.

Confidence interval

A set of values obtained from sample data which probably encompasses the value of an unspecified population parameter.

Average hourly income

The mean income earned by an individual per hour of work.

Standard deviation

A metric that calculates the degree of spread or variability within a data set.