Examlex
When dealing with international organisations,managers must be ________ in order to accommodate the managing styles of different cultures.
Confidence Interval Estimate
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter.
Prediction Interval
An estimate of an interval in which future observations will fall, with a certain probability, given what has already been observed.
Expected Value
The average outcome that one can expect to occur after many repetitions of a random experiment.
Error
A difference between a computed, estimated, or measured value and the true, specified, or theoretically correct value.
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