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

Tootsie roll industries, I am in need of your help again. First and foremo...

I am in need of your help again. First and foremost, I thought I had created an account, but none could be found. In any event here is my assignment. Should you decide that you

Drawing a Diamond Card Question, Find the probability of drawing a diamond ...

Find the probability of drawing a diamond card in each of the consecutive draws from a well shuffled pack of cards, if the card drawn is not replaced after the first draw

Measures of dispersion (variation), Measures of Dispersion (Variation) ...

Measures of Dispersion (Variation) A measure of dispersion is to measure the spread among values of observations in a data set. There are three commonly used measures of disper

Cost accounting, Significant discussion has occurred in the literature on m...

Significant discussion has occurred in the literature on making management accounting more relevant to the current business environment, which is dominated by discussions of global

What is her apc, The life-cycle hypothesis is based on the assumption that ...

The life-cycle hypothesis is based on the assumption that people try to smooth their consumption over their expected adult lifetimes.  Suppose Tammy expects to live for another T y

Linear programming., what are the requirements of linear programming?

what are the requirements of linear programming?

Normal Approximation to Binomial Probability Distribution, A machine that f...

A machine that fills quart milk cartons is set up to average 32.2 oz per carton, with a standard deviation of 1.2 oz. Assume a normal distribution for all of the cartons filled, wh

Employer''s fica tax rate for 2012, Employer's FICA tax rate for 2012 Th...

Employer's FICA tax rate for 2012 The employer's FICA tax amount for 2012 involves 1) the Public Protection tax amount of 6.2% of each individual's first $110,100 of income, inc

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