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The Cedar Store carries a full line of cedar swings,gliders,garden benches,and tables.All of its products can be purchased through its Web site.The site has done well since the Cedar Store's products do not need to be touched or smelled before purchase.The Cedar Store is engaging in:
Confidence Interval
A span of numbers that holds a certain likelihood of containing the actual value of the parameter.
Confidence Level
Confidence level indicates the probability that a population parameter will fall between two set values for a certain proportion of times.
Confidence Interval
An array of values, derived from observations of a sample, which is believed to enclose the value of a mystery parameter in the population.
Mean
The arithmetic average of a set of numbers, calculated by dividing the sum of the numbers by the count of numbers.
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