Examlex
You think you have a 95% chance of passing your next business statistics exam.This is an example of which approach to probability?
Nominal
Describing a data classification that categorizes data without a natural order or ranking.
Inferential Statistics
The branch of statistics that allows for the making of predictions or inferences about a population based on a sample of data.
Descriptive Statistics
Statistical methods that summarize and describe the features of a dataset, including measures such as mean, median, mode, and standard deviation.
Study Group
A group of individuals participating in a research study or an educational activity aimed at learning or investigating a particular topic.
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