We use confidence intervals to determine the degree of certainty that the sample group accurately represents the entire population.
A Paired T Distribution, Paired T-Test, Paired Comparison test, and Paired Sample Test compares the mean & standard deviation of two groups.
Not all statistics are the same. It’s useful to discern between the various types of statistics when doing analysis.
One Sample T Hypothesis Test (Student’s T Test) are used to resolve hypothesis tests around comparing process means ( sample size to be <30)
The exponential distribution is a widely used continuous distribution. It estimates the lapse of time between the independent events.