Examlex
The convention of consistency pertains to the use of the same accounting principles by firms in the same industry.
Sampling Distribution
The likelihood distribution associated with a specific statistic derived from a random sample.
Normal Distribution
A type of continuous probability distribution for a real-valued random variable that is symmetrically bell-shaped, centered around its mean.
Sampling Error
The discrepancy between the statistical characteristics of a population and those of a sample from that population.
Sample Mean
The average value of a sample set, calculated by summing the sample points and dividing by the number of samples.
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