What is inferential statistics?
An example of an AI chatbot conversation about inferential statistics concepts and applications.
What is inferential statistics?
Inferential statistics is a branch of statistics that allows us to make conclusions about a population based on a sample.
Can you give me an example of how it's used?
Sure! For instance, if a researcher surveys 100 people about their eating habits, they can use inferential statistics to estimate the habits of the entire population.
What are some common methods in inferential statistics?
Common methods include hypothesis testing, confidence intervals, and regression analysis.
How does it differ from descriptive statistics?
Descriptive statistics summarize data from a sample, while inferential statistics make predictions or inferences about a larger population.
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