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Describe earned value management EVM).
Confidence Interval
A range of values, derived from sample data, that likely contain the population parameter with a certain level of confidence.
Level of Confidence
The degree of certainty or probability that the results of statistical analysis are reliable and not due to random chance.
Confidence Interval
A range of values derived from sample data that is likely to contain the value of an unknown population parameter, expressed at a given level of confidence.
Sample Sizes
The number of individuals or observations included in a sample, which represents a portion of the larger population for the purpose of conducting statistical analysis.
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