Examlex
When should unconditional pledges be recorded as revenue?
Approximately Normal
A distribution is said to be approximately normal if it closely follows a normal distribution, characterized by its bell-shaped curve.
Probability
A measure of the likelihood that an event will occur, represented as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Random Sample
A sample in which each member of the population has an equal probability of being selected, aiming for a representative subset.
Standard Error
A statistical measure that indicates the accuracy of a sample mean by estimating the dispersion of sample means around the population mean.
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