What is inference, Basic Statistics

Assignment Help:

Q. What is Inference?

Ans.

Inference is the process of deriving conclusions based on facts or premises. We often make inferences based on the results of statistical studies.

For example, suppose a study found that a sample of American teenagers surf the web an average of 4 hours per night. What can we deduce about the population (all American teenagers) from which this sample was taken? Based on this sample, what estimate can we make about the average time all American teenagers surf the web?

First of all, before making any inferences, it is important to analyze the sample population and the sample data carefully. Are there unforeseen correlations between people in the sample? Does every person in your sample of American teenagers own their own computer? If so, then your sample data will be biased because not every household in America has a computer in it.

Let's assume your sample population is a good representation of American teenagers. There are still questions to consider before making inferences. Was the sample data collected during a typical week? Was the Internet atypically slow due to high traffic volume resulting in longer wait times? Were the teenagers from your sample in school or on summer vacation?


Related Discussions:- What is inference

General linear regression model, find the variance of least square estimato...

find the variance of least square estimator beta hat for general linear regression model

Explain Book value, Explain Book value The net quantity at which an advant...

Explain Book value The net quantity at which an advantage or asset group appears on the books of account, as distinguished from its marketplace or intrinsic value where book value

X2 test uses, The  χ 2  test is one of the most popular statistical infe...

The  χ 2  test is one of the most popular statistical inference procedures today. It is applicable to a very large number of problems in practice which can be summed up under th

Statistics study, Find a statistics study (from a newspaper article, journa...

Find a statistics study (from a newspaper article, journal, research study, or online article) and describe the five-step process of the study. (Hint: it may help to identify the f

Draw concerning the effectiveness of the medications, A testing organizatio...

A testing organization is evaluating the effectiveness of sinus relief tablets, Relief and SineOut.  As part of the analysis the organization collects 44 sinus sufferers and random

What is a purchase allowance, What is a purchase allowance? A buy permi...

What is a purchase allowance? A buy permitting is a reduction in the customer's cost of products that it had purchased. The buy permitting is granted by the provider because of

Definition of capital lease as a financial arrangement, Definition of capit...

Definition of capital lease in term of financial arrangement whereby a lessee pays rental for asset. Capital lease is a financial arrangement underlying a agreement where a lesse

Correlation, difference between positive and negative correlaiton

difference between positive and negative correlaiton

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd