Fill in the Letter of the Word That Best Fits

question 75

Short Answer

Fill in the letter of the word that best fits in each sentence. Use each letter only once.

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Definitions:

Probability

The measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.

NORM.DIST

A function in software packages, such as Excel, used to calculate the normal distribution of a set of data.

Point Estimate

A single value estimate that serves as the best guess or most likely value for a population parameter based on sample data.

Population Parameter

A numerical value that characterizes a certain aspect of a population, such as its mean or standard deviation.