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Medicare is the largest transfer payment program in the U.S.
Likelihood
The probability of a particular outcome given a set of parameters within a statistical model.
Binomial Variable
A type of discrete variable that can take one of two independent values, often representing success or failure in an experiment.
Woman
A female human adult.
Sampling Error
The difference between a sample statistic used to estimate a population parameter and the actual but unknown value of the parameter.
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