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Interval Estimate
An assortment of values, from sample statistics, which is envisioned to contain the value of a mysterious population parameter.
Population Mean
The average value of all elements in a complete set of a population.
Population Standard Deviation
A measure of the dispersion or spread of a set of data points in a population dataset.
Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a certain level of confidence.
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