Overall, professor salaries barely budged during past year, the Chronicle says, noting that on average, salaries for full-time faculty rose 1.8% in the 2011-12 school year, while inflation was 3%. Tuition, meanwhile, has increased dramatically.
Inferential Statistics. Inferential statistics is concerned with making predictions or inferences about a population from observations and analyses of a sample. That is, we can take the results of an analysis using a sample and can generalize it to the larger population that the sample represents.
The two main branches of statistics are descriptive statistics and inferential statistics. Both of these are employed in scientific analysis of data and both are equally important for the student of statistics.