Examlex
In cloud computing, the software and data are stored on the company's server instead of the third-party server.
Variability
The extent to which data points in a statistical distribution or dataset differ from each other and from their mean.
Confidence Level
A statistical measure that indicates the degree of certainty or trust in the results obtained from a sample as representative of a larger population.
Inference
The process of drawing conclusions about a population based on a sample.
Parameters
Statistical or mathematical conditions and variables that define the scope and functioning of a model, equation, or procedure.
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