Hypothesis testing and estimation are two statistical tools that are used to draw inferences about a large data set based on a subset of the data.

Question

Quizplus · Accepted Answer

Hypothesis testing and estimation are indeed two fundamental statistical methods used to make inferences about a population based on a sample, which is a subset of the population data. Hypothesis testing is used to assess the evidence against a null hypothesis, while estimation involves calculating estimates of population parameters (like mean or proportion) based on sample data.

Hypothesis Testing and Estimation Are Two Statistical Tools That Are