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Sample Variance
A measure of the dispersion or spread of data points in a sample, calculated by taking the average of the squared differences from the mean.
Central Limit Theorem
A statistical theory stating that the distribution of sample means will approximate a normal distribution as the sample size becomes large, regardless of the population's distribution.
Statistical Analyses
The process of collecting, summarizing, and interpreting data to discover patterns and test hypotheses.
T-distribution
A probability distribution that arises when estimating the mean of a normally distributed population in situations where the sample size is small, and the population standard deviation is unknown.
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