Examlex
What is the goal of consulting firms? _____________________________________
Standard Deviation
A measure of the amount of variation or dispersion in a set of values, showing how much the values in the data set deviate from the mean on average.
Continuous Random Variables
Continuous random variables are those that can take on an infinite number of values within a given interval, where the measurements can include fractions and decimals.
Interval
A range of values between two points, often used in statistics to describe the confidence interval around an estimate.
Continuous Random Variables
Variables that can take an infinite number of values within a given range.
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