Examlex
Your company is designing a service provider network management solution in which customers are billed for 95th percentile network utilization. The service provider requires that an IETF standard be utilized to collect the data. Which method should be used to collect the data?
Chance Variation
Variations in observations or data that result from random effects or events that cannot be controlled or predicted.
Sample Mean
The average value of a sample set of numbers, calculated by adding all the values and dividing by the number of values.
Control Limits
The boundaries in a control chart beyond which points indicate a statistical process is out of control.
Standard Errors
Measures of the statistical accuracy of an estimate, indicating the variability of an estimate from sample to sample.
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