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While standing at a bus stop, Paralegal Frank overhears a woman telling her friend that she has to take the bus now because she had an accident with her car and the insurance company is dragging its feet. She remarks that it has been several months and she still has not gotten any money so she can replace or repair her car. Frank says: "Excuse me. I couldn't help over hearing your conversation. You probably need a lawyer to help you. Here's my business card. Call the main number and you'll be referred to a lawyer who can help you." The woman thanks him politely. Frank
Inferential Statistics
A branch of statistics that allows one to make predictions or inferences about a population based on a sample of data.
Statistically Significant
Refers to a result in data analysis that is not likely to occur by chance alone, indicating a genuine effect or difference in a study.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Correlation Coefficient
A numerical measure that indicates the extent and direction of the relationship between two variables, ranging from -1 to 1.
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