Examlex
It is estimated that the average cost of a single field sales call on a business customer is about __________, factoring in salespeople compensation, benefits, and travel-and-entertainment expenses.
Confidence Interval
A range of values, derived from statistical analysis, that is likely to contain the true value of an unknown population parameter.
Margin of Error
A statistical measure that represents the amount of error in a survey's results, which indicates the range within which the true value is expected to lie with a certain level of confidence.
Reduced-Fat Cookies
Cookies formulated with less fat content than their traditional counterparts, aiming to provide a healthier snack option.
Grams of Fat
A nutritional measurement indicating the amount of fat, in grams, contained in a food item.
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