Examlex
In continuous-process production,the entire conversion process is completed through a series of mechanical or chemical processes.
Sample Size
The number of individuals or observations included in a sample, which affects the precision and reliability of statistical analyses.
Right Skewed
Describes a distribution of data where the tail on the right side of the distribution is longer or fatter than the left side, indicating a majority of the data is concentrated on the left.
Sampling Distribution
The probability distribution of a statistic based on repeated sampling from the same population, used to understand the statistic's properties.
Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a given degree of certainty.
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