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tolerance interval

a range of values within which, with some probability, a specified proportion of a population falls. For instance, a researcher may be 95% confident that 90% of the population of interest in a particular study will fall within the range specified by the tolerance interval. It differs from a confidence interval, which bounds a single population parameter (e.g., the mean or variance).

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Psychology term of the day

October 11th 2024

talent

talent

n. an innate skill or ability, or an aptitude to excel in one or more specific activities or subject areas. Talent cannot be accounted for by normal development patterns and is often not maximized, as its nurturance requires time, energy, sacrifice, dedication, and resources from parents, mentors, and the talented person. Ideal circumstances for the development of a talent include enjoyment of the talent for its own sake and a clear perception of how it can be exploited to fulfill the individual’s long-term aspirations. —talented adj.