Demystifying Estimation: The Basics

Know more about the population

Table of Content

1. Introduction
2. Normal Distribution
3. Central Limit Theorem
4. Need to understand the basics?
5. Conclusion

Introduction

Statistics is an important foundation of several fields which involves data. There are two major types of statistics:

1. Descriptive statistics: This type of statistics helps describe, summarize, and visualize data using graphs. Two major elements of descriptive statistics are a measure of central tendency, which is all about the central position of …

basics central-limit-theorem estimations hypothesis-testing normal statistics