Examlex
What is the single most common concern among managers engaged in risk management?
Point Estimate
A single value or statistic that is used to estimate the parameter of a population.
Confidence Interval
A spectrum of values obtained from sample data, expected to encompass an unknown parameter of the entire population with a certain degree of assurance.
Standard Deviation
A measure of the amount of variation or dispersion in a set of values.
Confidence Interval
An estimated range of values which is likely to include an unknown population parameter, calculated from a given set of sample data.
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