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Statistical inference
This is the process of drawing conclusions about attributes of a population based upon information contained in a sample or taken from the population.
This is divided into estimation of parameters and testing of hypothesis. Symbols for statistic of population parameters are as given below:
Sample Statistic
Population Parameter
Arithmetic mean
x¯
µ
Standard deviation
s
σ
Number of items
n
N
smart mind
2*8
The population of a particular city is increasing at a rate proportional to its size. It follows the function P(t) = 1 + ke 0.1t where k is a constant and t is the time in years.
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