Statistical inference

From CNM Wiki
Revision as of 21:55, 3 July 2020 by EshwaN (talk | contribs) (Created page with "Statistical inference is the process of estimating, through sampling and application of statistical methods, certain characteristics of a population. In the world of quali...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Statistical inference is the process of estimating, through sampling and application of statistical methods, certain characteristics of a population. In the world of quality, these estimates and statistical conclusions are used to draw practical conclusions, typically giving the practitioner confidence in taking subsequent action (or inaction) to improve a process.

Definition

According to Juran's Quality Handbook by Defeo (7th edition),

Statistical inference. The process of estimating, through sampling and application of statistical methods, certain characteristics of a population. In the world of quality, these estimates and statistical conclusions are used to draw practical conclusions, typically giving the practitioner confidence in taking subsequent action (or inaction) to improve a process.