Examlex
If the actual price level is 165,but people had been expecting it to be 160,then
Population Mean
The average value of a property in a population.
Confidence Interval
A range of values, derived from the sample data, that is likely to contain the value of an unknown population parameter, with a certain degree of confidence.
Sample Size
The number of observations or data points collected from a subset of a larger population for the purposes of statistical analysis.
Population Standard Deviation
The square root of the variance of a set of values in a population, measuring how spread out the values are.
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