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Statistical Inference
SSRN Electronic Journal
Bayesian inference for dynamic spatial quantile models with interactive effects
2025
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Statistical Inference

Process of using data analysis for predicting population data from sample data

Statistical inference is the process of using data analysis to infer properties of an underlying probability distribution. Inferential statistical analysis infers properties of a population, for example by testing hypotheses and deriving estimates. It is assumed that the observed data set is sampled from a larger population.

Inferential statistics can be contrasted with descriptive statistics. Descriptive statistics is solely concerned with properties of the observed data, and it does not rest on the assumption that the data come from a larger population.

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SSRN Electronic Journal
Bayesian inference for dynamic spatial quantile models with interactive effects
2025
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