Examlex
Which of these is a major operations and supply chain structural decision category?
Population Proportion
The proportion or percentage of a specific characteristic within the entire population.
Sample Proportion
The fraction or percentage of sample observations that belongs to a particular category or possesses a particular attribute.
Point Estimate
A single value given as an estimate of a population parameter, typically derived from a sample.
Standard Error
The statistical metric that represents the dispersion within a sample's distribution, often applied to the average.
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