Examlex

Solved

Executive MBA Programs Normally Meet

question 39

Multiple Choice

Executive MBA programs normally meet:


Definitions:

Statistic

A characteristic or measure obtained from a sample of data, used to estimate the value of a population parameter.

Variance

A measure of how spread out a set of data is, calculated as the average of the squared differences from the Mean.

Variance

A statistical measure that tells us how dispersed or spread out the values in a dataset are around the mean.

Outliers

Data points that are significantly different from the majority of points in a data set, which could indicate a measurement error or a novelty within the data.

Related Questions