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When a Spreadsheet Is Used to Answer "What If" Questions

question 62

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When a spreadsheet is used to answer "what if" questions, the user must reenter the values and formulas into the cells in order to see the impact of the changes.


Definitions:

Normal

A type of statistical distribution where data is symmetrically distributed around the mean, known as the Gaussian distribution.

Confidence Interval

A range of values derived from sample statistics that is likely to contain the value of an unknown population parameter, with a specified level of confidence.

Population Proportion

The fraction or percentage of a population that exhibits a particular trait or characteristic.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter at a given confidence level.

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