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Population Mean
The average of all the values in a population. It is a parameter that describes the central tendency of the entire population.
Sample Mean
The average of all values in a subset of a population, used as an estimate of the population mean.
Population Standard Deviation
The square root of the variance of a group, measuring how far individual measurements in the population deviate from the population mean.
Confidence Intervals
A range of values, derived from sample statistics, that is believed to contain the value of an unknown population parameter with a certain level of confidence.
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