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Must-Know Statistics Questions for Data Science Interviews
May 12, 2023, 4:01 p.m. | Roli Trivedi
Towards AI - Medium pub.towardsai.net
- What is Inferential Statistics?
Inferential Statistics make predictions and inferences about the population based on the sample of data taken from the population. There are two main use cases where you use inferential statistics.
‣ To make estimates about population.
‣ To draw conclusions about the populations.
For Example, a study conducted by a pharmaceutical company to test the effectiveness of a new drug. - What is the difference between Population and Sample?
Population …
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