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please explain inferential statistics

please explain inferential statistics

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Ans) Inferential statistics is one of the two main branches of statistics.
- Inferential statistics use a random sample of data taken from a population to describe and make inferences about the population. Inferential statistics are valuable when examination of each member of an entire population is not convenient or possible.

- For example, to measure the diameter of each nail that is manufactured in a mill is impractical. You can measure the diameters of a representative random sample of nails. You can use the information from the sample to make generalizations about the diameters of all of the nails.

- With inferential statistics, you take data from samples and make generalizations about a population. For example, you might stand in a mall and ask a sample of 100 people if they like shopping at Sears.

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