👉 Statistical inference is the process of using statistical methods to make inferences about an unknown population based on observed data. It involves making predictions or conclusions about a population based on the data provided, using techniques such as regression analysis, hypothesis testing, and other statistical methods. The goal of statistical inference is to derive accurate conclusions from data that has been collected under controlled conditions. In layman's terms, it means using statistics to make predictions about a group of people without actually seeing them or having direct access