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What Inferential Statistics Means for Decision Making
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What Inferential Statistics Means for Decision Making

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Mirko Peters
Apr 22, 2025
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What Inferential Statistics Means for Decision Making
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Have you ever wondered how we make predictions about large groups without examining every individual? That’s where inferential statistics comes in. It’s like sampling a spoonful of soup to decide if the entire pot needs more seasoning. By analyzing just a small portion, we can uncover patterns and trends about a much bigger picture. For example, researc…

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