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In what year did the housing bubble burst?
Sample Mean
The average computed from a sample of data, representing the central tendency of the sample.
Large Sample Sizes
Refers to a substantial amount of data points in a sample, which facilitates more accurate estimates of the population parameter.
Degrees of Freedom
A concept in statistics that describes the number of values in the final calculation of a statistic that are free to vary when estimating parameters of a population.
Pooled Two-sample T Procedure
A statistical method that combines variances from two samples to test for a difference in means when the variances are assumed to be equal.
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