Examlex
Indirect costs are intangible expenses such as general secretarial and clerical expenses not devoted exclusively to any one project, as well as operating expenses such as utilities and maintenance.
Population Proportion
The ratio of individuals in a subgroup of a population to the total population, often expressed as a percentage.
Variance
A measure of the dispersion or spread of a set of data points around their mean (average) value, indicating how far the data points are from the mean.
Unbiased Estimator
A statistical estimator whose expected value is equal to the parameter it estimates, indicating it does not overestimate or underestimate the true value.
Population Parameter
A Population Parameter is a value that represents a characteristic of an entire population, such as its mean or standard deviation.
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