Examlex
As a controllable element in the logistics system, _____ relates to the effectiveness of creating time and place utility.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, represented by the square root of the variance.
Sampling Distribution
A statistical distribution of all possible sample means or proportions, given a sample size, from a population.
Bootstrap Distribution
A statistical technique for estimating a sampling distribution by repeatedly resampling with replacement from an existing sample data.
Bias
A systematic error in a statistical analysis or study that leads to an incorrect conclusion, often resulting from problematic data collection, analysis, or interpretation.
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