Examlex
The form of social organization or mutual pledge created by King Alfred the Great in England that consisted of 10 families grouped together to protect one another and assume responsibility for the acts of the group's members was called a
Confidence Level
The confidence level is a measure of the reliability of an estimate or interval, expressed as a percentage, indicating how often the true parameter falls within the estimated range in repeated samples.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the true value of an unknown population parameter.
Population Mean
The average of all the values in a population, representing a central point around which the values of the population are distributed.
Confidence Interval
A range of values, derived from the sample data, that is likely to contain the true population parameter with a specified level of confidence.
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