Examlex
Which one of the following statements is not correct?
Lower Confidence Bound
The lower confidence bound is the lower limit of a confidence interval, beneath which the true population parameter is believed to lie with a specified level of confidence.
Z-Value
A statistic that measures the distance in standard deviations of a data point from the mean.
Population Mean
The average of a set of characteristics (e.g., measurements or counts) within an entire population.
Population Proportion
A measure that represents the fraction of the total population that possesses a specific attribute or characteristic.
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