Examlex
What is social hierarchy?
Point Estimate
A single value derived from sample data that serves as the best guess or estimation of an unknown population parameter.
Confidence Interval
A spectrum of figures, coming from sample data, predicted to hold the value of a hidden population characteristic.
Sampling Error
The error that occurs due to observing a sample instead of the whole population, which may cause sample statistics to differ from the actual population parameters.
Confidence Interval
A statistical interval estimating the range within which a population parameter is expected to lie, based on sample data and a specified confidence level.
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