Answered: Identify whether inferential statistics…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Identify whether inferential statistics is applicable or not. Justify your answers by giving a logical explanation. An auditor of a government office wants to assess what proportion of experiment records were done correctly. Instead of going over 10,000 records, she decides to sample the first 100 records on her desk, and notices that 97 of them were done well. She concludes that 97% of all the records given to her were done well.

Statistics that allow for inferences or estimates about the population. Inferential statistics enable analysts come to conclusions about the population based on sample data. Inferential statistics cover the basics of inferential statistics, all kinds of hypotheses tests and their confidence intervals, design of experiments, and statistical power and errors. It also includes point estimation techniques, limit theorems, sampling distributions, approximations, and bounds. Correlation, regression, and association are also covered under inferential statistics to infer relationships between variables.

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