Examlex
Explain why a model that delivers good enough approximations is a good model.
Normal Model
A bell-shaped frequency distribution graph where the bulk of the values lie close to the mean, used in many statistical analyses to describe data sets.
Percentile
A measure used in statistics indicating the value below which a given percentage of observations in a group fall.
Standard Deviation
A metric that assesses the level of dispersion or scattering within a collection of data values.
Standard Deviation
A statistic that captures the level of variability or fluctuation among values in a series, revealing how much the numbers depart from the central value.
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