Examlex
_____ is the cost of the food as it relates to the amount of dollars received in sales. _____ is the cost of labor as it relates to the amount of dollars received in sales.
Denominator
The bottom number in a fraction, representing the total number of equal parts the whole is divided into.
Interval Estimate
A range of values, calculated from sample data, that is likely to include the true value of a population parameter.
Sample Statistic
A numerical measurement describing some characteristic of a sample, such as the mean or variance.
Sample Mean
The mean of a collection of numbers, determined by summing all the numbers in the set and then dividing by the count of the numbers.
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