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Once the goal to be achieved has been determined, the next step in the problem-solving and decision-making process is to:
Sampling Distribution
The probability distribution of a given statistic based on a random sample, used to infer population parameters.
Population Proportion
A measure that represents the fraction of individuals in a population having a particular attribute.
Standard Error
A statistic that measures the dispersion of sample means around the population mean, often used to estimate the accuracy of sample statistics.
Sampling Distribution
An outcome distribution of a statistic, created by sampling extensively from a designated population.
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