5: Introduction to Estimation

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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

  Introduction