Sample data refers to a subset of data collected from a larger population, used to make inferences or test hypotheses about the entire population. It is crucial in statistical analysis, as it allows researchers to draw conclusions without examining every individual in the population, thereby saving time and resources.

Sample Data

Sample data

subset of data

larger population

Statistical analysis involves collecting, exploring, and presenting large amounts of data to discover underlying patterns and trends. It is essential for making informed decisions and predictions in various fields, such as economics, medicine, and social sciences.

statistical analysis

Inferences are logical deductions made based on available evidence and reasoning, allowing individuals to draw conclusions beyond the immediate data. They are crucial in various fields such as science, literature, and everyday decision-making, where direct evidence may not be fully available.

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