Examlex
How are technology cycles and innovation streams related?
Central Limit Theorem
A statistical theory that states that given a sufficiently large sample size from a population with a finite level of variance, the mean of all samples from the same population will be approximately equal to the mean of the population.
Sample Mean
The average value of a sample subset of a larger population, used as an estimate of the population mean.
Point Estimate
A single value estimate for a population parameter derived from a sample.
Population Mean
The average value of a population's characteristics.
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