BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The goal of inferential statistics is to discover some property or general pattern about a large group by studying a smaller group of people in the hopes that the results will generalize to the larger group.

Detailed explanation-2: -A t-test is an inferential statistic used to determine if there is a significant difference between the means of two groups and how they are related. T-tests are used when the data sets follow a normal distribution and have unknown variances, like the data set recorded from flipping a coin 100 times.

Detailed explanation-3: -The independent t-test, also called the two sample t-test, independent-samples t-test or student’s t-test, is an inferential statistical test that determines whether there is a statistically significant difference between the means in two unrelated groups.

Detailed explanation-4: -Inferential statistics helps assess strength of the relationship between independent (causal) variables, and dependent (effect) variables. It can assess the relative impact of various program. Inferential statistics can only be used when statistician have a complete list of the members of the population.