Examlex
In a manufacturing process a random sample of 9 bolts manufactured has a mean length of 3cm with a standard deviation of .3cm.Assuming bolt length is normally distributed,what is the 95% confidence interval for the true mean length of the bolt?
Sampled Population
A subset of individuals or items selected from the larger population for the purpose of statistical analysis.
Population Parameter
A characteristic or measure that describes an aspect of an entire population, such as the mean or variance.
Sample Statistic
A numerical measure that describes an aspect of a sample drawn from a population.
Standard Deviation
A statistic that measures the dispersion or variability of a dataset relative to its mean.
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