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Holds true regardless of the underlying population distribution shape. 4. Advanced Parameter Estimation

Used when sample sizes are small (expected cell counts < 5), where Chi-Square approximation fails.

Now they could build a real-time predictor. For the next hour’s Drift speed, they used a —a recursive algorithm that updates predictions as new data arrives.

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Differentiates the log-likelihood function to locate peak values. Interval Estimation Creates an estimated range containing the true parameter.