Data Analysis Includes Data Description, Data Inference, and the Search

question 14

True/False

Data analysis includes data description, data inference, and the search for relationships in data.

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Definitions:

Resamples

The process of drawing repeated samples from observed data, with the aim of estimating a population parameter.

Standard Error

A statistical measure that quantifies the variability or dispersion of a sample mean relative to the true population mean.

Sample Means

The average value of a set of samples, used as an estimate of the population mean in statistical analysis.

Bootstrap

A statistical method that involves drawing repeated samples from a set to estimate a characteristic of the population from which it was drawn.