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Describe the Circumstances Under Which a Confidence Interval and Hypothesis

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Essay

Describe the circumstances under which a confidence interval and hypothesis test yield the same results?


Definitions:

Equivalent

A term used to indicate two items, systems, or quantities that are the same or have identical value or function.

Conditional Probability

The likelihood of an event occurring given that another event has already occurred.

Marginal Probability

The likelihood of an event occurring, irrespective of the outcomes of other variables.

Owns

To have possession or control of something, typically property, rights, or obligations.

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