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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

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)

a.Define Regression and Correlation.

b.Write the difference between Regression and Correlation.

QUESTION 6 (Show all your workings)

What is time series? Name the different components of Time Series.

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