What is the main difference between descriptive statistics and inferential statistics? Descriptive statistics are:
A) |
used to summarize a large data set while inferential statistics involves procedures used to make forecasts or judgments about a large data set by examining a smaller sample. | |
B) |
used to summarize data while inferential statistics are used to obtain precise information about a large data set. | |
C) |
used to make forecasts about the likelihood of upcoming events while inferential statistics are used to summarize any data set. | |
Descriptive statistics are used to summarize a large data set while inferential statistics are based on procedures used to make forecasts or judgments about a large data set by examining a smaller set of data. |