Sample data are used as the basis from which to make probability statements about the true (but unknown)value of the population mean or proportion.

Name: Sample data are used as the basis from which to make probability statements about the true (but unknown)value of the population mean or proportion.
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Question

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This statement describes the process of inferential statistics, where probability statements are made about population parameters based on sample data.

Sample Data Are Used as the Basis from Which to Make