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The table below shows hypothetical data for the volume of gold and nickel output across several years.
TABLE 2-5
-Refer to Table 2-5.What is the index number for nickel output in Year 2?
Research Hypothesis
A specific, testable prediction about what you expect to happen in your study.
Inferential Statistics
The branch of statistics that makes predictions or inferences about a population based on a sample of data drawn from that population.
Probability
The measure or likelihood of a particular event or outcome occurring.
Sampling Error
The discrepancy between the statistical characteristics of a sample and those of the overall population, arising because the sample is not perfectly representative.
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