Examlex
The closing share price for G.E.stock over the past seven days is shown below.Compute the range for this data. 112, 115, 111, 116, 116, 116, 112
Confidence Interval
A span of numbers, obtained from sampling data, which is expected to encompass the value of an unspecific population characteristic, given a certain confidence level.
Population Total
The sum of all observations or values in a given population set.
T-Statistic
A type of test statistic used in hypothesis testing when the sample size is small and the population variance is unknown.
Z-Statistic
A score that expresses the number of standard deviations an element is from the mean of the population.
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