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There Is a Greater Risk of Flooding in Developing Countries

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There is a greater risk of flooding in developing countries.


Definitions:

Sample Mean

The arithmetic average of a set of sample values, used as an estimate of the population mean.

Population Mean

The average value of a characteristic in the entire population of interest.

Unbiased Estimator

A statistic used to estimate a population parameter that is expected to be equal to the true parameter value on average.

Larger Sample Sizes

Referring to the use of a greater number of observations in a study, which can enhance the reliability and precision of statistical estimates.

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