Examlex
A ______________________________________ European Works council includes active consultation and joint projects with management.
Point Estimate
A single value that serves as the best guess or most likely value for a population parameter based on sample data.
Population Parameter
A numerical value that describes a characteristic of a population, such as mean, standard deviation, proportion, etc., usually estimated through samples.
Larger Sample Sizes
Refers to increasing the number of observations in a study to improve the reliability and validity of statistical inferences.
Unbiased Estimators
Statistical estimators that, on average, hit the true parameter value of a population, not systematically overestimating or underestimating it.
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