Examlex
Action processes become important before the team actually begins to conduct the core aspects of its work.
Confidence Interval
A statistical range, with a certain probability, that is believed to contain the true value of an unknown parameter.
Random Variable
A variable whose values depend on the outcomes of a random phenomenon.
Sample Proportion
The ratio of members in a sample that have a particular characteristic to the total number of members in that sample, often used in statistics to estimate population proportions.
Confidence Coefficient
A value, typically close to 1, that specifies the likelihood that a confidence interval will contain the true population parameter.
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