Examlex
The faster an automobile is driven (speed) , the lower the miles per gallon (mpg) for that automobile. Given this information, we say that an automobile's speed and mpg have
Population Mean
The average value of all members of a population.
Standard Deviation
A numerical value calculating how much the dataset deviates from its average, illustrating the breadth of data distribution.
Confidence Interval
A range of values derived from sample data that is likely to contain the true value of an unknown population parameter.
Population Standard Deviation
A measure of the dispersion or spread of all values in a given population, quantifying how much the values differ from the population mean.
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