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As you think about the nature of hypothesis testing, making inferences from samples, respond to the...

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Statistics

As you think about the nature of hypothesis testing, makinginferences from samples, respond to the quote below. Include inyour response an assessment of the benefits of this approach andthe drawbacks of this approach.

Statistics may be defined as "a body of methods for making wisedecisions in the face of uncertainty."

Please write clear !

Answer & Explanation Solved by verified expert
3.8 Ratings (718 Votes)
according to WA Wallis and HV Roberts statistics is a body of methods for making wise decisions in the face of uncertainty we know that in statistics we make inference and estimate value of parameters or in other words we think    See Answer
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