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Your company is considering using only on-the-job training methods moving forward. Before making a final decision, senior management wants to review the pros and cons associated with this approach and asks you to put together a short report addressing their query. Which of the following points is unlikely to be in your report?
Proportion of Successes
It is the fraction of successes in a series of Bernoulli trials, representing the number of successes divided by the total number of trials.
Sample Sizes
The number of individuals or observations included in a sample, crucial for determining the study's statistical power.
Expected Value
The expected value is a measure of the central tendency of a random variable, representing the average outcome one would anticipate over an infinite number of trials.
Sample Proportions
The fraction or percentage of samples in a category or exhibiting a characteristic, used to estimate population proportions.
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