Examlex
The sample variance (where you divide by n -1)is an unbiased estimator of the population variance.
Essential Terms
Fundamental conditions or clauses in a contract that are critical to its enforcement and interpretation.
Clearly Specified
means stated or described in a manner that leaves no ambiguity regarding the details or requirements.
Past Consideration
Anything given or promised to be given in the past, which cannot be considered valuable in the context of forming a current contract.
Law of Consideration
A principle in contract law that requires an exchange of something of value between the contracting parties.
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