



How does the variability of interval data affect statistical analysis? What is the standard error of the mean for interval data?
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what is interval data
- Discuss the challenges and limitations of forecasting with interval time series data.
- Why are ratios of interval data points not meaningful reflections of proportional differences?
- How can advancements in data science and statistical computing enhance our ability to extract meaningful insights from interval data?
- Can you perform ANOVA on interval data?
- How can you assess the validity of interval data? Can you have negative values in interval data?
- How can interdisciplinary collaboration enhance the collection and analysis of interval data to address complex research questions?
- How does the variability of interval data influence the width of a confidence interval?
- Explain the concepts of autocorrelation and stationarity in the context of interval time series data.
- Describe a scenario where a statistically significant difference in interval data might not be considered practically significant due to a small effect size.
- How are ACF and PACF used to identify ARIMA models? How can you forecast future values based on interval time series data?
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