Examlex
Suppose a population has a mean of 400 and a standard deviation of 24.If a random sample of size 144 is drawn from the population, the probability of drawing a sample with a mean between 393.5 and 396.5 is ___.
Residuals
Residuals are the differences between observed values and the expected values predicted by a model, representing unexplained variance.
Subtract
The mathematical process of deducting one number from another.
Correlated
Implies a statistical relationship where two variables move together in some predictable pattern.
Error Terms
Components of a statistical model that represent the difference between observed and predicted values.
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