Examlex
The cost principle relates most closely to the
Confidence Interval
A range of values that is used to estimate the true value of a population parameter with a certain level of confidence.
Standard Deviation
An index used to assess the extent of variation or scatter among data points.
Sample Size
The number of observations or individuals in a subset collected from a population for the purposes of statistical analysis.
Confidence
The degree of certainty or trust in a particular outcome or result, often expressed in terms of probability.
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