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Most Low-Effort Decisions Are Made

question 51

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Most low-effort decisions are made:


Definitions:

Confidence Interval

A set of values, from sampled data, believed to contain the value of an obscure population parameter.

Sample Mean

The arithmetic average of a set of values sampled from a population, used as an estimate of the population mean.

Confidence Interval

A confidence interval provides a range of values, estimated from sample data, that is likely to contain the value of an unknown population parameter, along with a specified level of confidence.

Standard Deviation

An indication of how much the values in a dataset spread out or diverge from one another.

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