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1. a. Explain the difference between one-tail tests and two-tests. b. List the three types of associated with maximum likelihood estimation. c. Distinguish between parametric
1. a. Explain the difference between one-tail tests and two-tests. b. List the three types of associated with maximum likelihood estimation. c. Distinguish between parametric and nonparametric estimation. d. Explain why we prefer unbiased estimators with smaller variances to those with larger variances.
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