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Many information technology projects also require detailed functional and design specifications for developing software, which also should be referenced in the detailed scope statement.
Orientation Program
A training and information session offered to new employees or participants to familiarize them with organizational policies, goals, and procedures.
Point Estimate
A single value (or point) derived from a sample that is used to estimate a population parameter.
Sample Mean
The average value calculated from a sample of data, representing the central tendency.
Population Mean
The average value of all the data points in a population, representing the central tendency of the dataset.
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