Conducting inferential statistical analysis In examining the different inferential statistical methods, consider their fundamental characteristics, underlying assumptions, strengths, weakness and suitability for producing generalisations regarding an unbeknown population. To prepare for this work: Review the required Learning Resources and your Key Concept Exercise from Week 5 To complete this work in 1000 words, answer the below questions : Analyze further the fundamental characteristics of the inferential statistical methods. Discussing critically the purposes and wider issues when conducting statistical analyses.
Analysing the suitability of the inferential statistical methods by highlighting their strengths and limitations, with emphasis put on your research plans. References; Week 5 Key concept Week 5 Example OLS Regression (Excel) please find attached file Access this file alongside this week’s Key Concept Overview. Top of Form Bottom of Form Collis, J. & Hussey, R. (2013) Business Research: A Practical Guide for Undergraduate and Postgraduate Students. 4th ed. London: Palgrave-MacMillan. Chapter 12, ‘Analysing data using inferential statistics’ (pp.258-296)
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