Download considered as a bridge between descriptive statistics and inferential

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Transcript
BEC 202: COURSE DESCRIPTION
Economics Statistics
The main topics to be covered are: probability theory: T he theory of probability may be
considered as a bridge between descriptive statistics and inferential statistics.
Descriptive statistics was covered in our earlier unit in statistics and inferential
statistics is the focus of this unit. Statistical inference is that procedure of selecting a
sample from a population and then making inferences from this sample concerning
the original population.