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Explain Why Replication Is Important to Science

question 14

Essay

Explain why replication is important to science. Name a method that scientists use to determine whether a study is replicable.


Definitions:

Statistical Profile

A summary of data that provides an overview of various statistical measures and patterns within a dataset.

Effective Yield

The actual return on an investment, considering the compounding of interest.

Perpetuity

Bond paying out a fixed amount of money each year, forever.

Yearly Payment

The amount of money paid or received over the course of a year for any financial transaction or obligation.

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