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Discuss the Differences and Similarities Between Statistical Estimation and Statistical

question 87

Essay

Discuss the differences and similarities between statistical estimation and statistical hypothesis testing.


Definitions:

Environmentally Friendly

Practices or products that do not harm the environment.

Alternative

A choice or option that is available as a substitute to the main choice.

Substitute

A substitute is an alternative or replacement for someone or something that fulfills a similar function or role.

Compromise

An agreement or settlement of a dispute where each party makes concessions.

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