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A Bonus of R100

question 88

Multiple Choice

A bonus of R100.00 for completing a work assignment before a deadline is an example of


Definitions:

Population Size

The total number of individuals or units in the group or set being studied.

Sample Size

This term refers to the number of observations or replicates used in a statistical analysis.

Central Limit Theorem

A statistical theory stating that the distribution of sample means approximates a normal distribution as the sample size becomes large, regardless of the population's distribution.

Sampling Distribution

The probability distribution of a given statistic based on a random sample, essential in estimating the sampling variability.

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