Examlex
If a price ceiling is below equilibrium price, the willingness to pay for the quantity provided will be above equilibrium price.
Margin Of Error
The amount of error that can be tolerated in the results of a poll or survey, indicating the potential deviation from the true population parameter.
Confidence Interval
A spectrum of numbers, extracted from sample observations, presumed to hold the value of a not yet identified population characteristic.
Sample Mean
The average value of a set of data points taken from a larger population, used as an estimate of the population mean.
Sample Standard Deviation
A measure of the amount of variation or dispersion of a set of values in a sample.
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