Central Limit Theorem
A statistical theory that states that the distribution of sample means approximates a normal distribution as the sample size becomes larger, regardless of the population's distribution.
3 topics found for
“statistical inference”
Confidence Interval
A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter.
Data Distribution
The spread and pattern of data values in a dataset, often visualized through graphs or statistical measures.