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Which statement is true regarding canned software and the systems development life cycle (SDLC) ?
Finite Population Correction Factor
A correction applied to standard errors or variances when sampling from a finite population without replacement, to account for the decreased variability.
Population Mean
The average of all the values in a population, calculated as the sum of all values divided by the number of values.
Sample Mean
The arithmetic average of a set of numerical values, calculated by adding them together and dividing by the number of observations.
Sample
A subset of individuals or observations selected from a larger population for the purpose of statistical analysis.
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