Examlex
Identify one advantage of cloud-based enterprise systems as compared to on-premise systems.
Point Estimate
A single value given as an estimate of a population parameter derived from a sample.
Simple Random Samples
A subset of individuals chosen from a larger set such that every individual has an equal chance of being selected.
Random Samples
Samples chosen from a larger set or population where each individual or event has an equal chance of being selected.
Population
The total set of observations or data that can be collected or referenced in a statistical analysis.
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