Examlex
Which distribution channel is used by companies such as Avon and Tupperware?
Sample Proportion
The fraction or percentage of the sample that reflects a particular trait or attribute of interest.
Central Limit Theorem
A statistical theory that states that, given a sufficiently large sample size from a population with a finite level of variance, the mean of all samples from the same population will be approximately equal to the mean of the population.
Sample Mean
The average value of a set of observations or measurements taken from a sample.
Standard Error
A statistic that measures the variability or spread of sampling distribution means.
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