Examlex
The claims of creditors of a bank against the bank's assets are called
Estimator
An estimator refers to a statistic used to estimate the value of a population parameter based on sample data.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically denoted by alpha (α).
Pilots' Union
An organization representing the collective interests of pilots, often involved in bargaining for better wages, working conditions, and safety standards.
Confidence Interval
A range of values, derived from the sample data, that is likely to contain the value of an unknown population parameter.
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