The Sum of the Squared Deviations from the Arithmetic Mean

question 38

True/False

The sum of the squared deviations from the arithmetic mean, divided by the sample size minus one is called the sample variance.

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Definitions:

Credibility

The quality of being trusted and believed in.

Benefits Estimation

The process of determining the potential advantages or outcomes of a project or decision.

Cost-Effectiveness Evaluation

The process of analyzing various alternatives in order to identify the one that provides the best outcomes relative to costs.

Cost-Benefit Evaluation

An analysis process that compares the estimated costs and benefits of a project or decision to determine its feasibility or value.