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You are trying to improve communications with your staff by posting graphs of signs statistics on the employee bulletin board. You recently calculated the percentage of employees spend on each of six major tasks. Because you would like the employees to appreciate each task as a percentage of their whole day, you will post these figures using a
Confidence Level
In statistics, it represents the degree of certainty or probability that a parameter lies within a specified range.
Television Viewers
Individuals who watch content on television sets.
Plus Four Confidence Interval
A variation of the confidence interval estimate that includes an adjustment for small sample sizes.
First Year Statistics Students
Individuals at the initial stage of their academic coursework focusing on the study of collecting, analyzing, interpreting, presenting, and organizing data.
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