Examlex
The franking privilege is an example of a tool that leads to
Point Estimate
A single value or statistic that serves as the best guess or estimate of a population parameter.
Population Mean
Population mean is the average value of all elements in a complete set or population.
Point Estimator
A single value or statistic calculated from sample data that is used to estimate a population parameter.
Binomial Populations
Populations wherein each member must fall into one of two categories, which are mutually exclusive.
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