Examlex
The management function of organizing and directing is mainly concerned with setting goals and objectives for the entity.
Standard Deviation
Standard deviation is a measure of the dispersion or variability of a set of data points around their mean, indicating how spread out the data points are.
Sampling Distribution
The chance distribution of a statistical measure derived from numerous samples taken from a particular group.
Central Limit Theorem
A theory stating that when samples are large enough, their mean will be approximately normally distributed, regardless of the population's distribution.
Standard Error
A statistical measure that quantifies the variability or dispersion of a sample statistic from the population parameter it estimates.
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