Examlex
Equipment failure would be an example of ________ variation.
Sampling Distribution
A statistical distribution of all possible samples that can be taken from a given population.
Standard Deviation
A quantification of how much the numbers in a collection diverge from their average, reflecting the spread of data.
Sample Observations
Individual data points collected from a subset of a larger population for the purpose of statistical analysis.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
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