Examlex
Antoinette is part of a college department creating a number of student files with Microsoft Excel. She is working on a student retention project and wants to produce a worksheet that can alert faculty of student progress and current grade status.
-Antoinette's workbook has all the data entered and students' current grades displayed.She would like the current grade cells to display the value in red if it is less than 60.Antoinette needs to add _____ to the cell.
Population Parameter
A population parameter is a numerical value that represents a characteristic of an entire population, such as its mean or standard deviation.
Point Estimate
A statistical measure that provides the best single value estimate of a population parameter.
Mean Amount
The average value of a set of numbers, calculated by adding all the values and dividing by the count of numbers.
Sample Mean
Sample mean refers to the average of all the data points in a sample taken from a population, serving as an estimate of the population mean.
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