What does inferential statistics allow you to do?
- Collect data
- Describe data
- Organize data
- Predict or make inferences about a population
Inferential statistics is a branch of statistics that allows us to use data from a sample to infer or predict trends about the overall population. This technique is immensely useful as it's often impractical or impossible to collect data from an entire population. Inferential statistics makes use of various techniques such as probability, hypothesis testing, correlation, and regression to draw conclusions.
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