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Interval Estimate
An estimate of a population parameter that provides a range of values, defined by lower and upper bounds, that is likely to contain the parameter of interest.
Z Value
A statistic indicating how many standard deviations an element is from the mean in a normal distribution.
Population Parameter
A numerical value that represents a characteristic of an entire population, such as its mean or standard deviation.
Interval Estimate
An estimate that provides a range of values which is likely to include the population parameter of interest.
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