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Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter with a certain level of confidence.
Population Parameter
A numerical characteristic or measure that describes an aspect of a population.
Sampling Error
The discrepancy between the statistical characteristics of a sample and those of the population from which the sample was drawn.
Sample Variance
A measure of dispersion that calculates how much the numbers in a sample differ from the mean of the sample.
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