Examlex
Which of the following is a difference between a drive and a need?
Confidence Coefficient
The probability that a confidence interval contains the true population parameter, typically expressed as a percentage.
Margin Of Error
An estimate of the amount of random sampling error in a survey's results, expressing the range within which the true value is expected to lie with a certain level of confidence.
Sample Size
The number of observations or units included in a sample from a population, critical for the reliability of statistical analyses.
Interval Estimate
An array of values extracted from sampling efforts, which is supposed to enclose the value of an unidentified population parameter.
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