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When confronted by an armed robber,your emotional arousal is likely to be accompanied by
Point Estimate
A single value given as an estimate of a population parameter, often derived from sample data.
Population Means
The average value of a particular variable across the entire population of interest, representing the central tendency.
Summary Statistics
Statistical measures that provide a brief overview of a dataset, including measures like mean, median, and standard deviation.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter at a given confidence level.
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