Examlex
If the U.S. government wants to increase the price of the dollar relative to the euro, it could buy euros with dollars in the foreign exchange market.
Sampling Error
The error that arises from using a sample to estimate a population parameter, due to the sample not perfectly representing the population.
Confidence Desired
The degree of certainty or level of confidence one desires in the results of a statistical analysis, often expressed as a percentage.
Confidence Interval
A range of values, derived from sample statistics, that is believed to contain the true population parameter with a certain probability level.
Sampling Error
The difference between a sample statistic and the corresponding population parameter due to the fact that the sample is not a perfect representation of the population.
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