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How do you determine the appropriate size for a cross-functional team?
Standard Error
A measure of the accuracy with which a sample distribution represents a population by using the standard deviation of the sample.
Confidence Interval
A set of numbers, taken from sample-based statistics, that is probable to contain the estimated value of an unspecified population parameter.
Population Standard Deviation
A measure of the spread or dispersion of a set of data points in a population.
Sampling Error
The discrepancy between a sample statistic and the actual population parameter, which arises purely by chance from random sampling.
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