Examlex
The major types of responsibility centres are
Sampling Error
The discrepancy between a sample statistic and the true population parameter, which arises purely by chance.
Sample Size
Pertains to the count of items or participants chosen from a larger group for statistical examination.
Population
The total set of observations or elements from which samples can be drawn for statistical analysis.
Random Number Table
A table consisting of sequences of numbers generated in a random fashion, used for random sampling and simulation in statistical analysis.
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