For the second question I came up with this:
The critical value method is used for significance testing and is the value that a test must exceed in order for the null hypothesis to be rejected. The critical value would be the largest value of the test statistic that would end in the refusal...
1)
In the basic probability theory the concepts of mutually exclusive events and independent events share prominent roles, can two events be both mutually exclusive and independent at the same time?
2)
What are two vital concepts and the relationship between "Critical Value Method" and the...
Normal probability distribution has been used in "wide variety of practical applications" and "widely used in statistical inference" My question is two-fold:
(a) Why is the Normal distribution so important, particularly with respect to problems dealing with statistical inference?
(b) why is...