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i. The t distribution is positively skewed.
ii. All t distributions have the same mean of zero and a standard deviation of 1.
Iii) The t distribution is more spread out and flatter at the center than is the standard normal distribution. However, as the sample size increases, the t distribution curve approaches the standard normal distribution.
Hard Scenarios
Difficult or challenging situations that require careful planning and decision-making to navigate.
Soft Scenarios
Plausible stories about how the future might unfold, often used in strategic planning to explore different potential outcomes.
Time Series Forecast
The use of historical data to predict future events or trends, often through the analysis of patterns over time in areas such as sales, stock prices, or weather.
Office Manager
A professional responsible for overseeing administrative tasks in an office, ensuring smooth operations and facilitating communication among staff.
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