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ETC 2520 Probability And Statistical Inference For Economics And Business

Statistical inference as per the course ETC2520 Probability And Statistical Inference For Economics And Business is the process of taking use of data analysis to infer properties of an underlying distribution of probability. As per the course, its analysis infers properties of a population, for an example by testing hypotheses and deriving estimates. It is seen that the observed data set is sampled from a big population.

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