Examlex
_____ involves collecting information about users' activities, analyzing data to identify patterns and trends, and understanding how these trends link to business goals and outcomes.
Population Mean
The average value of a characteristic in a population, representing the central tendency of the population data.
Confidence Interval
A confidence interval is a range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter at a given confidence level.
Variability
Describes the spread or dispersion of a set of data points within a dataset, indicating how much the data points differ from each other.
Population Standard Error
A measure of the estimation uncertainty in predicting a population parameter based on a sample statistic.
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