Examlex
The interval between patients arriving at an outpatient clinic follows an exponential distribution with mean 15 minutes.What is the probability that a randomly chosen arrival to be more than 18 minutes?
Standard Error
Standard error is a statistical measure that estimates the accuracy with which a sample distribution represents a population by using standard deviation.
Population Standard Deviation
Population Standard Deviation is a measure of the dispersion or spread of all the values in a given population, indicating how much the individual values in the population differ from the population mean.
Sample Size
The number of observations or data points collected in a sample, which impacts the precision of statistical results.
Standard Error
A measure of the accuracy of a sample mean by describing the dispersion of sample means around the population mean.
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