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Author Question: What is meant by the term statistical inference? What will be an ideal ... (Read 49 times)

vinney12

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on: Jun 24, 2018
What is meant by the term statistical inference?
 
  What will be an ideal response?

Question 2

When finding sample size, cutting the margin of error in half requires that the sample size be four times larger.
 
  Indicate whether the statement is true or false


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ong527

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A statistical inference is a conclusion reached about a population value (parameter) based upon an analysis of data in a statistical sample from the population. The idea is that we can study the sample data and then draw a conclusion (inference) about what the entire population looks like with respect to the measure of interest. There are two main categories of statistical inference: estimation and hypothesis testing.

Answer to Question 2

TRUE


vinney12

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

samiel-sayed

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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