Jargon Is the Use of Foreign Language Terms to Represent

question 145

True/False

Jargon is the use of foreign language terms to represent concepts in American business.

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Definitions:

Confidence Interval Estimate

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter.

Prediction Interval

An estimate of an interval in which future observations will fall, with a certain probability, given what has already been observed.

Expected Value

The average outcome that one can expect to occur after many repetitions of a random experiment.

Error

A difference between a computed, estimated, or measured value and the true, specified, or theoretically correct value.