Which statistics are used to interpret data and draw conclusions?

Question

Quizplus · Accepted Answer

Inferential statistics are used to draw conclusions about a population based on a sample. This involves using hypothesis testing, confidence intervals, and other methods to analyze the data and make predictions about the larger population. Simple and descriptive statistics are important for summarizing and visualizing the data, but they alone cannot provide conclusive evidence for making generalizations about a larger group. Sophisticated statistics may also be used, but this is a broad and subjective term and not a specific category of statistical methods.

Which Statistics Are Used to Interpret Data and Draw Conclusions