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Malik wants to put up a fence between his yard and his neighbor's.But,the two disagree about the boundary separating their two yards.This disagreement illustrates
T Distribution
A probability distribution that is used in hypothesis testing for small sample sizes, when the population standard deviation is unknown.
Normal Distribution
A bell-shaped frequency distribution curve, where most occurrences take place in the middle of the range and fewer on the extremes, characterized by mean and standard deviation.
Population Proportion
The ratio of members in a subset of the population who have a particular attribute to the total number of members in the population.
Point Estimate
A solitary figure or metric that represents the most probable estimate or optimal prediction for a population parameter, derived from sample data.
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