Examlex
Any alteration or modification of a product after it leaves the seller's possession can make the seller strictly liable for injuries caused by the product.
Population Standard Deviation
A measure of the dispersion or variability of a set of data points in a population, indicating how much each member differs from the population mean.
Confidence Level
The probability or percentage that specifies how confident one is in a statistical estimate or interval to contain the true parameter of the population.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter at a specified confidence level.
Population Mean
The mean value of all the elements within a population.
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