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7 Common Types of Statistical Inference
February 18, 2021

7 Common Types of Statistical Inference

Statistical inference is the process of using data analysis to deduce the properties of an elemental distribution of probability. The inferential statistical analysis assumes properties of a population, such as by testing hypotheses and deriving estimates. Inferential statistics deals with two types of situation: Hypothesis testing Estimation Importance of statisticalRead More
How statistical inference is different from machine learning
December 19, 2020

How statistical inference is different from machine learning

Statistics and machine learning are highly co-related fields, and it is expected from the machine learning experts to know the subject of stats. The statistical inference is referred to as a method that assists in quantifying the properties of a certain domain or population known as sample. Regardless of their similarities,Read More
Purpose Of Statistical Inference In AI & Machine Learning
December 2, 2020

Purpose Of Statistical Inference In AI & Machine Learning

As we know, AI & machine learning are multidisciplinary fields and requires skills in multiple subjects including statistics, mathematics, and business analysis. The purpose of statistical inference in machine learning is quite important as it helps in dealing with uncertainty in the decision-making process. For machine learning, statistical inference canRead More
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