Examlex
____________________ systems are software programs that can make decisions and draw conclusions, similar to a human expert.
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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