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Confidence Level
The probability that the value of a parameter falls within a specified range of values.
Population Standard Deviation
A measure of the dispersion or spread of all the data points in a population dataset.
Interval Estimate
A range of values derived from sample data that is likely to contain the value of an unknown population parameter.
Sampling Distribution
The probability distribution of a statistic based on all possible random samples that can be drawn from a population.
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