Examlex
Explain what a Computer-Aided Manufacturing system is.
Margin of Error
An expression of the amount of random sampling error in a survey's results, indicating a range within which the true population parameter is likely to lie.
Confidence Interval
A collection of values, derived from the analysis of sample data, that is expected to cover the value of an unknown population quality.
Standard Error
A measure of the accuracy with which a sample distribution represents a population by using the standard deviation of the sample.
Confidence Interval
A set of numbers, taken from sample-based statistics, that is probable to contain the estimated value of an unspecified population parameter.
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