Examlex
Which of the following is not a type of quantitative risk analysis?
Standard Deviation
A statistical metric that quantifies the spread of data points in a dataset relative to their average value.
Confidence Interval
A repository of values, extracted from the evaluation of sample data, seen as likely to encapsulate the value of an enigmatic population parameter.
Random Sample
A subset of a statistical population where each member has an equal chance of being chosen, ensuring the sample's representativeness.
Confidence Interval
A range of values derived from statistical analysis that is likely to contain the true value of an unknown parameter, expressed with a certain level of confidence.
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