Examlex
The calculation of the poverty line includes adjustments for
Bootstrap Standard Error
A measure of the variability or dispersion of a statistic's sampling distribution, estimated using the bootstrap resampling method.
Critical Value
A threshold value in hypothesis testing that defines the boundary of the rejection region; values beyond this indicate statistical significance.
Confidence Interval
A spectrum of numerical values, derived from the analysis of a sample, likely to enclose the value of an elusive population parameter.
Trimmed Mean
A trimmed mean is calculated by removing a certain percentage of the largest and smallest values from a data set, then computing the mean of the remaining data.
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