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The More Random the Sample,the More Accurate the Statistical Analysis

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The more random the sample,the more accurate the statistical analysis will be,in part,because randomness eliminates bias.


Definitions:

Standard Error

The standard deviation of the sampling distribution of a statistic, providing a measure of the precision of the estimated population parameter.

Interval Estimate

An estimate of a population parameter that specifies a range of possible values within which the parameter is expected to lie, often expressed with a level of confidence.

Mean Ages

The average age of individuals in a population or sample, calculated by summing their ages and dividing by the number of individuals.

Full-time Students

Individuals enrolled in an educational institution who take the majority of coursework offered or meet a minimum number of credit hours, as defined by the institution, to be considered as attending full-time.

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