Answered: Inferential Statistics is the:

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College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter8: Sequences, Series, And Probability

Section8.7: Probability

Problem 57E: What is an experiment? Give two examples.

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Inferential Statistics is the:

Statistics that allow for inferences or estimates about the population. Inferential statistics enable analysts come to conclusions about the population based on sample data. Inferential statistics cover the basics of inferential statistics, all kinds of hypotheses tests and their confidence intervals, design of experiments, and statistical power and errors. It also includes point estimation techniques, limit theorems, sampling distributions, approximations, and bounds. Correlation, regression, and association are also covered under inferential statistics to infer relationships between variables.

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