Examlex
When constructing confidence interval for a parameter,we generally set the confidence level 1 − α close to 1 (usually between 0.90 and 0.99)because it is the probability that the interval includes the actual value of the population parameter.
Liability
The state of being legally responsible for something, typically involving financial compensation for harm or damages.
Souvenir Shop
A retail establishment specializing in the sale of goods and memorabilia indicative of a particular location or event, aimed primarily at tourists.
Injuries
Physical or emotional harm or damage sustained by an individual, often due to accidents or actions of others.
Investment Firm
A company or entity that specializes in making investments on behalf of its clients and gives advice on financial securities.
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