Examlex
What are the primary and secondary purposes of informative and positive messages?
Probability
The extent to which an event is likely to occur, measured by the ratio of the favorable cases to the whole number of cases possible.
Confidence Interval
A range of values, derived from sample statistics, that is believed to contain the true value of an unknown population parameter with a certain degree of confidence.
Standard Deviation
A statistic that measures the dispersion or spread of a set of data points relative to its mean.
Point Estimate
A single value (or point) estimate derived from sample data to approximate a population parameter.
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