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  2. Inferential Statistics – Inferential statistics involves concluding statistical analysis formed as a result of descriptive statistics. Most future predictions and generalizations come through inferential statistics. In inferential statistics, when drawing conclusions, one needs to be careful not to have biased conclusions. You must note that descriptive statistics go hand in hand, and one cannot exist without the other. There are two main areas of inferential statistics which are;
    • Estimating parameters – Estimating parameters means taking a statistic from a data sample and using it to conclude about a population parameter.
    • Hypothesis tests – This is where one can use sample data in answering research questions.

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Check out our informative blogs on statistics

These blogs have been written by experienced statisticians to provide an insight on various topics in statistics.

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