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INFERENTIAL STATISTICS

STEP-STEP-BY EXPLANATION:

Inferential statistics are mathematical tools for estimating how likely it is that a statistical result based on data from a random sample is representative of the population from which the sample is assumed to have been selected.

It can make inferences from data to more general conditions like

* estimate the degree of confidence that can be placed in generalizations from a sample to the population from which the sample was drawn. (generalize your sample to a larger population)

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