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NTA CUET Mathematics With Fully Solved 2023 Papers by Pearson
book

NTA CUET Mathematics With Fully Solved 2023 Papers by Pearson

by Prakash Gupta, Prashant Jain
April 2024
Intermediate to advanced content levelIntermediate to advanced
432 pages
16h 41m
English
Pearson India
Content preview from NTA CUET Mathematics With Fully Solved 2023 Papers by Pearson

CHAPTER 13

Financial Mathematics

CHAPTER AT A GLANCE

Inferential Statistics

Population and Sample

A population is a group of all distinct individuals or objects that you want to draw conclusions about. The number of individuals/objects in a population is called population size.

In statistics, we commonly use a sample that is a small subset of a larger set of data for making inferences about the large set. Here larger set is the population out of which the sample is drawn.

ch13_img63.png

Note:

  • Every time the sample size is smaller than the population’s total size.
  • The population refers to the entire group from which you want to draw conclusions.

Sampling

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Publisher Resources

ISBN: 9788196874308