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Business statistics - Essay Example

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T-test will help to tell whether the data used is repeated or it is not. The method generally involves testing to equality in variance. In case the variance is equal, t test is performed. This means I will test my sampled…
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Business statistics

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Download file to see previous pages Here we need to forecast the relevant future trends.
.From the above knowledge, critical values, p values, and test statistic cannot be calculated without enough knowledge leading to formation of two data sample to be compared. To form data on logged tree from the current, it requires more than just the present data in order to make a prediction of the future values after a decade. It is therefore quite hard to foretell the future of the logged tree through ...Download file to see next pagesRead More
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