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To Argue That Economics Is the Only Science Not Used

question 18

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To argue that economics is the only science not used objectively is


Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample.

Chi-square Distribution

A probability distribution commonly used in statistical significance tests.

Quantity

A property that can exist as a multitude or magnitude, often measured and expressed as a number.

Confidence Interval

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

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