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The Two Methods for Deriving Factor Weightings Are Statistical Analysis

question 38

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The two methods for deriving factor weightings are statistical analysis and expert judgment.


Definitions:

Margin of Error

An expression of the amount of random sampling error in survey results.

Population Mean

The population mean is the average value of all the items in a population.

Population Proportion

The ratio of members in a group to the total population who have a particular characteristic.

Registered Voters

Individuals who have completed the necessary procedures to be eligible to vote in an election.

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