Question: Why do economists andstatisticiansuse samples to draw inferences from data? What roles do variation and sampling error play in determining statistical significance? Provide an example

Why do economists andstatisticiansuse samples to draw inferences from data?What roles do variation and sampling error play in determining statistical significance?Provide an example how these concepts can be applied in the real world.How could or should the biblical passages alter our worldview as students of business?

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