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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
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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