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Exercises in Statistical Inference with detailed solutions
'Statistical inference is a process of drawing general conclusions from data in a specific sample. Typical inferential problems are: Does alternative A give higher return than alternative B? Is drug A more effective than drug B? In both cases solutions are based on observations in a single sample.
To solve inferential problems one has to deal with the problems: (i) How to find the best estimate of an unknown quantity, (ii) How to find an...
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