statistical inference (a method)

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Statistical inference is a method of drawing conclusions about populations or different phenomena based on information gathered from a sample of the population. One of the most popular methods of statistical inference is the use of probability and statistics to make decisions, predictions, or estimations about a population based on a sample of data collected from a representative sample of the population. Statistical inference can be used to test hypotheses, quantify uncertainty, and compare variables. This method can be used in fields such as medicine, economics, engineering, and marketing. It can also be used to create models that can predict the future outcomes of different phenomena.

Answered by davidscott

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