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Applied Mathematics · Ch 7 — Inferential Statistics

Parameter and Statistics and Statistical Interferences

7.2

Parameter and Statistics and Statistical Interferences

Once a sample has been drawn, the next question is how to use it responsibly: what exactly are we measuring, and how much can we trust it? This section draws the line between a population-level parameter and a sample-level statistic, then introduces the machinery — statistical significance, the sampling distribution, the Central Limit Theorem, and the confidence interval — that l …