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What Is Inferential Statistics?

inferential statistics
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What Is Inferential Statistics?

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Inferential statistics is when you infer, or draw a conclusion, from limited information you have to make assumptions about an outcome if you’d had the complete data. For instance, if you poll 100 people and ask them what their favorite candy bar is you would come up with a percentage for each answer given. Instead of polling every single person who eats candy bars,you simply use the percentages you already collected and infer, or assume the favorites.

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