Examlex
NIH is an acronym for Not-Invented-Here syndrome.
Population Means
The average value of a given characteristic within a specified population.
Point Estimate
A single value or statistic calculated from a sample and used to estimate a corresponding population parameter.
Population Means
Refers to the average of all the individual values in a population.
T Distribution
A type of probability distribution that is symmetric and bell-shaped, commonly used for estimating population parameters when the sample size is small and the population variance is unknown.
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