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Discuss the motivation of standard setters in releasing AASB 7 Financial Instruments:
Disclosure and discuss how this standard differs from AASB 132 Financial Instruments:
Presentation.
Confidence Interval
A span of values, taken from sample statistics, seen as likely to encase the value of an unidentified population parameter.
Confidence Level
The probability, expressed as a percentage, that a parameter lies within a specified range of values (confidence interval).
Population Mean
The average value of a property in a population.
Confidence Interval
A range of values, derived from the sample data, that is likely to contain the value of an unknown population parameter, with a certain degree of confidence.
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