Examlex
If the expected value of a sample statistic is equal to the parameter it is estimating,then we call that sample statistic
Insurance Claim
A formal request by a policyholder to an insurance company for coverage or compensation for a covered loss or policy event.
Written Policy
A formal document outlining the guidelines, rules, and objectives for specific actions or behaviors within an organization.
Oral Contract
An agreement between parties that is spoken, not written, but is still legally binding under certain conditions.
Air-Conditioning
A system designed to control the temperature, humidity, and quality of air in a building or vehicle, improving comfort.
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