Examlex
Evaluate the sum. Round to two decimal places, if necessary.
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Population Proportion
The ratio of members in a population who have a certain attribute to the total number of members in the population.
Equal Chance
The principle or condition ensuring that all outcomes or members of a group have the same probability of occurrence or selection.
Central Limit Theorem
A statistical theory that states that, given a sufficiently large sample size, the distribution of the sample mean will be approximately normally distributed, regardless of the distribution of the parent population.
Sample Mean
The sample mean is the average value of a sample set, calculated by adding together all of the observations and dividing by the number of observations.
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