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John is assembling a work team tasked with developing innovative uses for the firm's new product line. In selecting people to be part of this team, which of the Big Five personality factors would be most beneficial?
Population Standard Deviation
A measure of the dispersion of a population's values from the mean, representing how spread out the population data are.
Confidence Interval
A range of values, derived from the sample data, that is likely to contain the value of an unknown population parameter with a specified level of confidence.
Mean
The central value of a dataset, calculated as the sum of all values divided by the total number of values.
Standard Error
Standard error measures the accuracy with which a sample represents a population, quantifying the variability of the sampling distribution of a statistic.
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