Examlex
The _____ deals with how well the product endures in the face of use and stress.
Point Estimate
A single value estimate of a parameter that best describes an aspect of a population based on sample data.
True Proportion
The actual ratio of individuals or items within a specified category to the total population, often used in statistical analysis to represent an exact value.
Sampling Distribution
The distribution of a statistic based on all possible random samples that can be drawn from a given population.
Sample Means
The average values derived from samples, considered as estimations of the population mean, crucial in the field of inferential statistics.
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