Examlex
Data on demand over the last few years are available as follows: What is this year's forecast using a four-year simple moving average?
Mean
The average of a set of numbers, calculated by dividing the sum of all the numbers by the count of numbers.
Standard Error
The standard deviation of the sampling distribution of a statistic, most commonly the mean; it is used to estimate the efficiency, accuracy, or precision of a sample-based estimate.
Sample Mean
The average value of a sample set of numbers, calculated by adding all the values together and dividing by the number of values.
Sampling Distribution
The probability distribution of a statistic based on a large number of samples or replicates.
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