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Basic corrective action corrects problems at once to get performance back on track.
Summary Statistics
Statistical measures that provide a brief overview of a dataset, including measures like mean, median, and standard deviation.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter at a given confidence level.
Sample Proportion
The fraction or percentage of the sample that represents a particular trait or characteristic of interest.
Null Hypothesis
A hypothesis that assumes no significant difference or effect exists between specified populations or variables.
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