Hypothesis testing and estimation are the two key branches of inferential statistics.
Hypothesis testing and estimation are the two key branches of inferential statistics. Options: (a) True (b) False (c) None of the above (d) All of these ✅ Correct Option: (a) True Explanation (200+ words): Inferential statistics focuses on drawing conclusions about a population based on sample data. The two major branches of inferential statistics are hypothesis testing and estimation. Hypothesis testing involves making decisions about population parameters using statistical tests, while estimation focuses on estimating population values using point and interval estimates. Therefore, the statement is true. 10 PPSC-Related Facts: 1. Inferential statistics uses samples 2. Hypothesis testing tests claims 3. Estimation predicts population values 4. Confidence intervals are estimation tools 5. Both rely on probability theory 6. Used in research decision-making 7. Foundation of statistics 8. Common exam area 9. Applied in social sciences 10. Essential for generalization