Re: There is no such thing as a confidence interval for sit-n-go\'s.
[ QUOTE ]
Just out of curiosity, what are some examples of data samples that you think can be subject to this sort of statistical analysis?
[/ QUOTE ]
Inferential statistics are used to draw inferences about a population from a sample. Many examples would be manufacturing related. For example, the weight or dimensions of any particular widget coming off an assembly line. Also, behavioral studies, such as what does the effect of drinking 12 Heineken's have on one's ability to correctly spell their name in the snow. That's probably a bad example, but you get the idea.
|