Solved: Relationship-confidence intervals and hypothesis testing, Microeconomics

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Relationship-confidence intervals and hypothesis testing

Discussion:

1. What is the relationship between confidence intervals and hypothesis testing? How are they the same? How are they different? Which one is better?

Central Limit

2.Explain what central limit theorem and sampling distributions are. How can it help us to bridge descriptive statistics and inferential statistics?

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Microeconomics: Relationship-confidence intervals and hypothesis testing

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