Examlex
________ store data that is analyzed for business intelligence to enhance tactical and strategic decision making.
Trimmed Mean
A method of averaging that removes a specified percentage of the largest and smallest values before calculating the mean.
BCa Interval
Short for Bias-Corrected and Accelerated Interval, it's a type of confidence interval that adjusts for both bias and skewness in bootstrap distributions.
Bootstrapping
A statistical method that involves drawing repeated samples from a dataset to estimate a population parameter.
Mean
The mathematical average of a set of numbers, determined by dividing the sum of the values in the set by the number of values.
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