Question: Two nonlinear models are fitted to a sample of data of 12 observations. Model 1 has a bias of 0.34 and a standard error of

Two nonlinear models are fitted to a sample of data of 12 observations. Model 1 has a bias of –0.34 and a standard error of estimate of 0.62. The corresponding values for model 2 are 0.27 and 0.81, respectively. Can we conclude that the biases of the models are not significantly different?

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