Examlex
Statements that are often used to compare different size businesses are called:
Normally Distributed
Refers to a probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
Samples
Individual observations or subsets of data collected from a larger population for the purpose of statistical analysis.
Balanced Experiment
An experimental design where all groups or treatments have an equal number of subjects, minimizing bias and variability.
Factorial Experiment
An experimental setup that studies the effects of two or more factors across multiple levels for each factor.
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