What Is Fact-Finding and When Is Fact-Finding Carried Out During

question 46

Essay

What is fact-finding and when is fact-finding carried out during the litigation process?

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Definitions:

Samples

A subset of individuals or observations drawn from a population, used to make inferences or hypotheses about the population as a whole.

Population Variances

A measure of the spread or distribution of a set of data points in a population, indicating how much the values differ from the mean.

Estimate

An approximation or informed guess of a quantity or value when the exact number is unknown or uncertain.

Sample Variance

A measure of the dispersion or spread of the sample data points around the sample mean, estimating the variance of the population from which the sample was drawn.