5: Introduction to Estimation
Page (C:\Users\B. burt Gerstman\Dropbox\StatPrimer\ , 5/8/2016) 5: Introduction to Estimation Contents Acronyms and symbols ........................................ ........................................ ....................... 1 Statistical inference ........................................ ........................................ ............................. 2 Estimating with confidence ........................................ ........................................ ............. 3 Sampling distribution of the mean.
Page 5.2 (C:\Users\B. Burt Gerstman\Dropbox\StatPrimer\estimation.docx, 5/8/2016). Statistical inference . Statistical inference is the act of generalizing from the data (“sample”) to a larger phenomenon (“population”) with calculated degree of certainty. The act of generalizing and deriving statistical judgments is the process of inference.[Note: There is a distinction
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