Examlex
Realizing more efficient economies of scale is not practical through mergers or acquisitions.
Consistent Estimator
A statistical property where an estimator of a parameter tends to converge to the true parameter value as the sample size increases.
Variance
A measure of variability that quantifies the spread of a set of data points around the mean.
Confidence Level
The probability or degree of certainty that a confidence interval would contain the true population parameter if the same procedure were repeated multiple times.
Confidence Interval
A range of values, derived from sample statistics, that is believed to contain the true population parameter with a specified level of confidence.
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