Examlex
In a______________ , patients pay premiums into a fund that in turn pays doctors and hospitals for each treatment that patient receives.
Confidence Interval
A selection of numerical values, from the analysis of sample stats, predicted to encapsulate the value of an unknown attribute of the population.
Mean
The arithmetic average of a set of numbers, calculated by adding all the numbers together and dividing by the count of those numbers.
Standard Error
A statistic that measures the dispersion of sample means around the population mean, estimating the variability within a data set.
Confidence Interval
Newly defined: A measure indicating the reliability of an estimate, often used to infer about the population parameter from sample data.
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