Examlex
Fill in the correct labels for the following figure using the word bank below.
-A ___________
Margin of Error
The range of values below and above a sample statistic in a survey that estimates the reliability or precision of the sample statistic as an approximation of the population parameter.
Prediction Interval
A range of values that is likely to contain the value of an unknown parameter for future observations.
Margin of Error
Margin of Error is a statistic expressing the amount of random sampling error in a survey's results, indicating the potential variability in the results.
Confidence Intervals
An interval of values, sourced from statistical analyses of a sample, that is conjectured to include the value of a mysterious population parameter.
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