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Please answer and explain clearly about it. Thank you QUESTION 4 (Show all your workings) What is the basic concept of estimation? Name two types

Please answer and explain clearly about it. Thank you

QUESTION 4 (Show all your workings) What is the basic concept of estimation? Name two types of estimator with simple example. QUESTION 5 (Show all your workings) Define Regression and Correlation. a. Write the difference between Regression and Correlation. QUESTION 6 What is time series? Name the different components of Time Semes.

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