Unformatted text preview: INFERENTIAL 1. Infer the characteristics of a larger group from data collected on a smaller group. 2. Larger group=population=parameter. 3. Smaller group=sample=statistic 4. Two branches: o Parameter Estimation: is a measurement on a population that charactertizes one of its features; examples: modes’ the value in the population that occurs most frequently and the average o Hypothesis Testing...
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- Spring '09
- Statistics, linear regression INFERENTIAL, Condense raw data, Statisitcs Lecture Material