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Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter.
Standard Error
Standard error measures the dispersion of sample means around the population mean, providing an insight into the precision of a sample mean as an estimate of the population mean.
Confidence Interval
A range of values, derived from sample data, within which there is a certain level of confidence that the true population parameter lies.
Mean
The mean is the arithmetic average of a set of numbers, calculated by dividing the sum of all values by the count of the values.
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