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Information is cost effective when:
Sampling Distribution
The probability distribution of a statistic based on a random sample.
Freshman Class
A group of students who are in their first year at a secondary or post-secondary educational institution.
Sampling Distribution
The probability dispersion of a particular statistic, facilitated by a randomly selected sample.
Z-Value
A statistical measure that quantifies the number of standard deviations a data point is from the mean of a data set.
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