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Earn +20 ptsQ: Is probability the basis of inferential statistics?
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How are probability and statistics related?
Probability is the theoretical basis that underpins statistics.
Is Inferential statistics based on probability theory?
Yes; the p value used in hypothesis testing is probability. See the related link.
Why are measures of variability essential to inferential statistics?
Why are measures of variability essential to inferential statistics?
Types of statistics?
There are two types of statistics. One is called descriptive statistics and the other is inferential statistics. Descriptive statistics is when you use numbers. Inferential statistics is when you draw conclusions or make predictions.
Compare and contrast descriptive statistics and inferential statistics?
Descriptive statistics are meant to describe the situation such as the average or the range. Inferential statistics is used to differentiate between a couple of groups.
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