Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

Using a sample to make generalizations about an aspect of a population is called?

Sagot :

It is known as Statistical Inference.

Statistical Inference

  • Without sampling and statistical estimation of the value, some population parameters cannot ever be known. Take customer preference samples, for instance. Since asking everyone would be impractical, choose a sample to identify the parameter.
  • A population's mean can be estimated quite well using the confidence interval. It offers a spectrum of values that most likely includes the population mean. The interval gets smaller as sample size increases.
  • The method of ordinary least squares is used in a regression equation to develop an equation that best fits the data of an independent variable and dependent variable.

Learn more about Statistical Inference here: https://brainly.com/question/13752289

#SPJ4

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.