Examlex
Define value chain.
Grand Mean
The grand mean is the mean of means, calculated by taking the average of the mean values from multiple groups or samples within the data.
Population Variances
A measure that indicates the degree to which individuals in a population vary or differ from the mean of the population.
Normally Distributed
Refers to a theoretical distribution whose random variable values are symmetrically distributed around the mean, having a specific bell-shaped curve.
Sample Sizes
The number of observations or individuals included in a sample from a population, which impacts the reliability and validity of statistical estimates.
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