Examlex
What is a prepayment model?
Variance
A measure of the spread or dispersion within a set of data points, calculated as the average of the squared differences from the mean.
Sampling Distribution
The probability distribution of a given statistic based on a random sample.
Sample Size
The number of observations or data points collected in a sample from a larger population.
Normal Distribution
A symmetric, bell-shaped distribution characterized by its mean and standard deviation, where most observations cluster around the mean.
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