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Who would a macroeconomist consider as investment?
Population Parameters
The actual values that describe characteristics of an entire population, such as mean, variance, and standard deviation.
Null Hypothesis
A hypothesis in statistics that proposes no significant difference or effect, serving as the default assumption to be tested.
Alternative Hypothesis
The Alternative Hypothesis is the hypothesis that there is a significant difference or effect, opposed to the null hypothesis in statistical testing.
Inferential Statistics
A branch of statistics that allows for making predictions or inferences about a population based on a sample of data.
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