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Formal methods for drawing conclusions about a population from a sample are called:
AExperimental statistics
BInferential statistics
CDescriptive statistics
DQualitative statistics
Answer & Solution
Correct answer: B. Inferential statistics
1. Describing the sample is only half the job.
2. The other half reasons from the sample back to the population.
3. The formal methods for that are called inferential statistics.
4. Descriptive statistics stops at organizing and summarizing what was collected.
_Source: OpenStax Introductory Statistics 2e (CC BY 4.0), Ch 1 'Sampling and Data', sections 1.1-1.4_
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