Examlex
Forming smaller teams and measuring individual rather than team performance tends to increase the likelihood of social loafing, because there are fewer people to do the work.
Margin of Error
A measure of the range of values below and above the sample statistic in a confidence interval; it quantifies uncertainty in estimates.
Standard Error
A measure of the variability or dispersion of a sample statistic from the population parameter.
Confidence Interval
A set of values, obtained from sample data, that probably includes the value of an unspecified population parameter, given a certain confidence level.
Point Estimate
A solitary figure or statistical measure employed to approximate the worth of a population parameter.
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