DATABASE FUNDAMENTALS
BASICS OF BIG DATA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statement(s) is/are true?
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Descriptive analysis can be more useful for defining future studies
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Correlation does imply causation
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Inference is commonly the goal of statistical model
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None of the mentioned
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Explanation:
Detailed explanation-1: -The goal in statistical inference is to use probability theory to make inferences about population parameters of interest.
Detailed explanation-2: -Hypothesis testing and confidence intervals are the applications of the statistical inference.
Detailed explanation-3: -Statistical inference is the process of using a sample to infer the properties of a population. Statistical procedures use sample data to estimate the characteristics of the whole population from which the sample was drawn.
Detailed explanation-4: -Answer and Explanation: a. Inferential statistics utilize data from a sample and makes inferences about the larger population from which the sample was drawn. This is a TRUE statement.
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