What is the distinction between each of the following pairs of terms? a. Point estimator and interval

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What is the distinction between each of the following pairs of terms?
a. Point estimator and interval estimator.
b. Null and alternative hypotheses.
c. Type I and type II errors.
d. Confidence coefficient and level of significance.
e. Type II error and power.
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Essentials of Econometrics

ISBN: 978-0073375847

4th edition

Authors: Damodar Gujarati, Dawn Porter

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