What Is the Difference Between the Frye Standards and the Daubert

question 1

Essay

What is the difference between the Frye standards and the Daubert standards regarding the admissibility of expert testimony?

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Definitions:

Prime Rate

Prime Rate is the interest rate that banks charge their most creditworthy customers.

Real Interest Rate

Nominal interest rate minus inflation rate.

Monetarist

Pertains to an economic theory focusing on the control of the money supply as a tool for managing economic stability and growth.

Milton Friedman

An American economist and a key figure in the Chicago School of Economics, known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.