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An ideal type is what you're looking for.
Answer:
Inferential statistics
Explanation:
Inferential statistics is a research plan through which a researcher can make predictions or inferences from that data. With inferential statistics, one can take the sample from the population and generalized it
<u>There are two areas of inferential statistics:
</u>
- Estimating parameters: It means that you can take the data from the population and generalize it on the population.
- Hypothesis testing: This is the area where you can answer the research question.
Your role in the economy is to be a consumer, meaning you use the goods and services produced by companies. Without consumers there would be no economic system, there would be no demand for the goods without consumers to purchase the goods.
