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– Statistics – a branch of mathematics dealing with the collection, analysis, interpretation, presentation of masses of numerical data • Descriptive statistics are the

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1 Introduction to Statistics will be able appreciate the basic statistical concepts and its Develop an understanding of some basic ideas of statistical reliability

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Inferential statistics ▫ Drawing conclusions and/or making decisions concerning a population based only on sample data Tools of Business Statistics

[PDF] Statistical Inference: Introduction Outline of presentation: 1) How to

Statistical Inference: Introduction Outline of presentation: 1) How to form confidence interval for popu- lation mean µ when population sd σ is known

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Population genetics: tree-valued stochastic processes, Web search engine: Markov chain theory, Data mining, Machine learning: Stochastic gradient, Markov

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Thus, inferential statistics involves generalizing beyond the data, something that descriptive statistics does not do Other distinctions are sometimes made between