Estimating Population Parameters from Samples – Point Estimates and Confidence Intervals

In statistics, a data sample is collected or selected from a larger population.  The population includes all of the data that are of interest.   Populations are often so large that it is impossible or impractical to collect data about the entire population.  We therefore rely on samples to make inferences or estimates about the population.  […] read more

On September 8th, 2015, posted in: Articles, Six Sigma by Tags: ,