Examlex
__________ communication is the flow of information both downward and upward through the organizational chain of command.
Prediction Interval
An estimate of an interval in which future observations will fall, with a certain level of confidence, based on current sample data.
Expected Value
The average outcome or mean of a random variable, calculated as the sum of all possible values each multiplied by its probability of occurrence.
Confidence Interval
A gamut of statistical values, extrapolated from sample data, predicted to likely retain the value of an undisclosed population parameter.
Gross Revenue
The total income generated by a business before any deductions are made for expenses.
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