Examlex
What is slice-and-dice capability?
Sample Statistics
Refers to the numerical data collected from a subset of a population, used to estimate the characteristics of that entire population.
Estimator
A rule or method for estimating a parameter from sample data.
Confidence Level
The degree of certainty, usually expressed as a percentage, that a parameter lies within a specified range of values.
Estimation
The process of finding an approximate value of some parameter—such as a mean, variance, or proportion—from a sample data set.
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