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Match the Items with the Correct Description Below

question 15

Multiple Choice

Match the items with the correct description below.
-Study models


Definitions:

Interval Estimate

An estimate of a parameter that provides a range of possible values within which the parameter is expected to lie, specified by a confidence level.

Population Parameter

A numerical characteristic that describes an aspect of a population, such as its mean or variance.

Actual Value

The real value observed or measured, as opposed to an estimated or theoretical value.

Sample Mean

is the average value of a subset of observations from a larger population.

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