Examlex
The confidence interval for the mean of Y is always narrower than the prediction interval for an individual response Y given the same data set,X value,and confidence level.
Individual
pertains to a single human being as distinct from a group, class, or family.
Organization
A structured group of individuals working together towards shared goals or objectives, often formalized through roles and hierarchies.
Risk Taking
The action of engaging in activities that involve uncertainty or danger for potential gain.
Entrepreneurial Culture
An organizational culture that fosters innovation, risk-taking, and proactiveness in identifying and exploiting new business opportunities.
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