Examlex
What are observations outside of the control limits? How are they ordered?
Population Mean
The average value of a characteristic in a population, calculated by summing all the data points and dividing by the number of data points.
Sample Means
The average value of a set of data samples from a population.
Margin of Error
An expression of the amount of random sampling error in a survey's results, indicating how much the survey results might differ from the true population value.
Confidence Level
The probability that the true parameter will fall within the confidence interval, expressed as a percentage.
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