Examlex
Which financial statement must be prepared before the others?
Confidence interval
A reach of numerical outputs, from sampling statistics, with the potential to cover the hidden value of a population parameter.
True proportion
The actual ratio or fraction of individuals or items within a population that possesses a particular characteristic.
Random sample
A sample drawn from a population in such a way that every member of the population has an equal chance of being selected.
Confidence interval
This statistical term refers to a calculated interval with an associated confidence level that expresses where the true parameter of the population is expected to lie.
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