Examlex
Many decisions are difficult to classify as they contain elements of both the short- and long-term.
Confidence Interval
A range of values, derived from sample statistics, that is believed to contain the true population parameter with a specified level of confidence.
Population Parameter
A numerical value summarizing the whole population.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.
Population Mean
The average value of all the elements in a population.
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