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In personnel assessment,psychological tests are used primarily for the benefit of the
Standard Error
The standard deviation of the sampling distribution of a statistic, often used in the context of mean.
Point Estimate
A single value or statistic that is used to estimate the parameter of a population.
Confidence Interval
A spectrum of values obtained from sample data, expected to encompass an unknown parameter of the entire population with a certain degree of assurance.
Standard Deviation
A measure of the amount of variation or dispersion in a set of values.
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