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Pedro, a sales manager, asks Rafael, one of his new recruits, to send him a sales report by EOD (end of day) . Rafael intends on creating the report after returning home and sending it to Pedro by midnight. While Rafael is on his way out after finishing his work for the day, Pedro spots him and asks him for the report. It is only then that Rafael realizes that Pedro expected him to finish the report before leaving. This scenario exemplifies _____.
Small Sample
A subset of a population used in statistical analysis that is considered to be too small to reliably indicate properties of the population.
Permutation Test
A type of non-parametric statistical significance test that involves rearranging the observations among the groups and calculating the difference in outcomes under various permutations.
Matched-Pairs Designs
An experimental design in which each subject is paired with another subject based on certain criteria, and each pair is treated differently to compare outcomes.
Bootstrap Intervals
A technique in statistics to estimate the sampling distribution of an estimator by resampling with replacement from the original data, used to approximate confidence intervals.
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