Examlex
Explain punctuated equilibrium change and what the model suggests regarding change in industries.
Plus Four Estimate
A technique in constructing a confidence interval that adds four to the sample size (two successes and two failures) for estimating proportions with small samples.
Standard Error
A measure of the dispersion of sample mean estimates from the population mean.
True Proportion
The actual proportion of a particular outcome within the entire population.
Confidence Interval
An estimated range of values calculated from a given set of sample data, intended to offer a degree of certainty that a population parameter lies within it.
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