Examlex
The management function of planning is mainly concerned with setting goals and objectives for the entity.
Bootstrap Estimate
A method of statistical inference where sampling distributions of statistics are estimated by sampling with replacement from the original dataset.
Trimmed Mean
A method of averaging that involves removing a specified percentage of the smallest and largest values before calculating the mean.
Bootstrap Distribution
A sampling distribution estimated by resampling with replacement from an observed dataset, typically used to estimate the variability of a statistic.
Confidence Interval
An interval estimate that provides an upper and lower limit within which the true parameter of a population is expected to fall, with a specified probability.
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