Examlex
The use of observation as a data gathering method can generate:
Population Means
The average value of a particular characteristic within an entire population.
Standard Error
A measure that describes the variability of a sampling distribution, specifically the dispersion of sample means around the population mean.
Sample Mean
The average value of a subset of observations from a larger population, intended to estimate the population mean.
Resamples
The process of drawing repeated samples from the same initial dataset, typically used in bootstrap and other resampling methodologies.
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