What is inferential statistics?

Inferential statistics is the type of statistical analysis that is used to draw conclusions about a larger population based on a sample of data. It involves analyzing data samples and using the results to make generalizations about the population from which the sample was drawn. Inferential statistics is used in many fields, including psychology, sociology, economics, and political science. The goal of inferential statistics is to determine if the results of the sample can be generalized to the larger population and to estimate the probability of achieving similar results in future studies.

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