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HUDM 4125 Statistical Inference

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Statistical inference as per the course HUDM 4125 Statistical inference is the process by which inferences about a population are made based on certain statistics calculated from a sample of data drawn from that population.

Following are the three forms of statistical inference under course HUDM 4125 Statistical inference:

Types of Inference:

  • Point Estimation.
  • Interval Estimation.
  • Hypothesis Testing

Statistical inference as per the course HUDM 4125 Statistical inference is a method of making decisions about the parameters of a population, based on random sampling. It allows assessing the relationship between the dependent and independent variables.

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