Examlex
The merchants in Dallas,Texas,suffered flood damage in May 2003. Stores were closed for remodeling nearly two months. What is this type of variation in sales called?
Sampling Distribution
The likelihood distribution associated with a statistic derived from a random sample.
Standard Deviation
A gauge of how much the values in a collection scatter around the mean, reflecting the range of variation.
Sampling Distribution
The probabilistic distribution specific to a statistic, based on randomly collected data.
Sampling Distribution
A statistical distribution that represents the frequency of various outcomes in a set of samples drawn from a larger population.
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