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Standard Deviation
A measure of the amount of variation or dispersion in a set of values, showing how much each value in the set varies from the mean.
Binomial Populations
Populations for which the outcomes can be classified into two categories (success/failure) and the number of successes in a set number of trials can be predicted.
SRS
Stands for Simple Random Sample, a sampling method where each member of the population has an equal chance of being selected.
Confidence Interval
A range of values derived from sample data that is believed, with a certain level of confidence, to contain the true value of the population parameter.
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