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Tolerable misstatement is used to:
Bootstrap Standard Error
A method for estimating the standard error of a statistic by resampling with replacement from the original data.
Bootstrap Distribution
A statistical technique that resamples a dataset to create a distribution for estimating the sampling distribution.
Standard Deviation
A metric that quantifies the spread or variability among a group of numbers, signaling the extent to which these numbers deviate from their average.
Parameter Estimate
A value used to infer the characteristics of a population from a sample.
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