Question: Answer the following questions: a. Is hypothesis testing an efficient way of solving problems? Why? b. Compare and contrast estimating parameter values and hypothesis testing.

Answer the following questions:

a. Is hypothesis testing an efficient way of solving problems? Why?

b. Compare and contrast estimating parameter values and hypothesis testing.

c. When is it appropriate to use the t-distribution in testing a hypothesis about a population mean?

d. In what ways are the distributions of the z-statistic and the t-statistic alike? How do they differ?

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