Examlex
The vision of an organization is the top level of its hierarchy of organizational goals. The vision statement should be massively inspiring, overarching, and long term.
Parameter
A value that summarizes a characteristic of a population or a statistical model.
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, expressed with a certain level of confidence.
Confidence Level
A confidence level is a statistical parameter that expresses how certain one is in the results of a statistical experiment, often represented as a percentage that quantifies the probability that the true parameter lies within the confidence interval.
Population Standard Deviation
The population standard deviation is a measure of the dispersion or variation of all members in a full set or 'population' of data.
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