You can use the mean to answer some statistical questions: it is a measure of the central tendency of a set of data. However, it is no good in identifying the maximum value of a set of data, for example.
What is the use of statistical inference in technology?
There are different methods for comparing the mean, variance or standard error, distribution or other characteristics of populations. Without more specific information it is not possible to answer the question.
Use of statistical techniques in capital market?"
No, it is not.
Yes
Yes
You can use the mean to answer some statistical questions: it is a measure of the central tendency of a set of data. However, it is no good in identifying the maximum value of a set of data, for example.
a statistical is a question that has a variety of answers, but a non-statistical question has only one answer. like if i say "how old am i?" that is a non-statistical question because there is only one answer. But if I say "How old are the 6th and 7th grade students in school?" that is a statistical question because there will be various answers.
a question that has a numerical answer
you explain how to solve this question? If there is an equation that I can use will be appreciated. 70% of students answered question A correctly, 55% of students answered question B correctly, 20% of students answered neither question correctly. What is the percentage of students answered both question A and B correctly?
What is the use of statistical inference in technology?
There are different methods for comparing the mean, variance or standard error, distribution or other characteristics of populations. Without more specific information it is not possible to answer the question.
Use of statistical techniques in capital market?"
Yes, it is.
What do you mean by Marginal probailities under statistical dependence
No, it is not.