With inferential statistics, we do not need large sample sizes as long as we are prepared to accept a known level of uncertainty in our projections from a sample.

Question

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Inferential statistics allows us to make projections or draw conclusions about a population based on a smaller sample size. However, the level of uncertainty, or margin of error, increases as the sample size decreases. As long as we are willing to accept this level of uncertainty, we can use inferential statistics with a smaller sample size.

With Inferential Statistics, We Do Not Need Large Sample Sizes