Examlex
What is the second step in problem solving?
Standard Error
A statistical measure that describes the distribution of sample means around the population mean, indicating the accuracy of a sample mean as an estimate of the population mean.
Confidence Interval
A range of values, derived from sample statistics, that likely contains the true value of an unknown population parameter.
Standard Error
The standard deviation of the sample distribution of a statistic, often used in the context of mean.
Mean
The central or typical value in a distribution, calculated as the sum of all observations divided by the number of observations.
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