Identify and Describe Some of the Benefits Associated with Using

question 11

Essay

Identify and describe some of the benefits associated with using on-the-job training methods.

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Definitions:

Confidence Interval

An estimated range of values calculated from sample data that is likely to include the true parameter of the whole population with a certain level of confidence.

Population Mean

The average value of all members of a total population.

Standard Deviation

Standard deviation is a statistical measure of the dispersion or spread of data points in a dataset from their mean, indicating how spread out the values are.

Confidence Interval

A spectrum of numeric values, arising from sample statistics, viewed as likely to encircle the value of an unexposed population parameter.