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Confidence Interval
A range of values, derived from the sample data, that is likely to contain the value of an unknown population parameter.
Sample Variance
A measure of variability that quantifies the spread of a sample data set; calculated as the sum of squared deviations from the sample mean, divided by the sample size minus one.
Population Variance
A measure of the dispersion or spread of a population dataset, calculated as the average of the squared differences from the population mean.
Confidence Interval
A range of values derived from sample data that is likely to contain the value of an unknown population parameter.
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