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Standard Error
A statistical measure that quantifies the amount of variability or dispersion of a sample mean relative to the true population mean.
Normal Population
A population in which the distribution of variables follows a normal (Gaussian) distribution, characterized by a symmetric bell-shaped curve.
Standard Error
A statistic that measures the dispersion of sample means around the population mean, indicative of the accuracy of the sample mean as a representation of the population mean.
Random Variable
A variable characterized by numerical outcomes derived from phenomena of chance.
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