Examlex
In developing an organizational chart, avoid having a particular person reporting to more than one person above them in the chain of command.
Sample Mean
The average value of a sample set of numbers, calculated by adding all the values together and dividing by the number of values.
Sampling Distribution
The probability distribution of a statistic based on a large number of samples or replicates.
Probability Distribution
Describes how the probabilities are distributed over the values of a random variable.
Expected Value
The expected value of a variable, determined by summing up all possible values, each weighed by its probability of happening.
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