Examlex
A firm earning a profit can increase its return on investment by: (CMA adapted)
Inferential Statistics
Statistical methods used to draw conclusions or inferences about a population based on a sample.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution of data.
Inferential Statistics
The branch of statistics that allows for making predictions or inferences about a population based on a sample of data.
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