statistical-inference/details

Statistical inference is a fundamental concept in the field of statistics. It involves drawing conclusions about a population based on a sample. Here are some key points about statistical inference:

• Types of Inference: Point estimation and interval estimation.
• Point Estimation: A single value that is used to estimate a population parameter.
• Interval Estimation: A range of values that is likely to contain the true population parameter.
• Hypothesis Testing: The process of testing a claim about a population parameter.

For more details, you can read our comprehensive guide on Statistical Inference.

Statistical Inference