What are Descriptive Statistics? Essay

Due to financial hardship, the Nyke shoe company feels they only need to make one size of shoes, regardless of gender or height. They have collected data on gender, shoe size, and height and have asked you to tell them if they can change their business model to include only one size of shoes – regardless of height or gender of the wearer. In no more 5-10 pages (including figures), explain your recommendations, using statistical evidence to support your findings. The data found are below:

 Inferential statistics helps us to analyze predictions, inferences, or samples about a specific population from the observations that they make. “With inferential statistics, you are trying to reach conclusions that extend beyond the immediate data alone” (Trochim, 2006). The goal for this type of data is to review the sample data to be able to infer what the test group may think. It does this by making judgment of the chance that a difference that is observed between the groups is indeed one that can be counted on that could have otherwise happened by coincidence. In order to help solve the issue of generalization, tests of significance are used. For example, a chi-square test or T-test provides a person with the probability that the analysis’ sample results may or may not represent the respective population. In other words, the tests of significance provides us the likelihood of how the analysis results might have happened by chance in a scenario that a relationship may not exist between the variables in regards to the population that is being studied.

Traveling is one of my family’s favorite things to do. The family has visited numerous places throughout the United States, however, none are as memorable as Atlanta, Georgia. In Atlanta, there are many places to go and sights to see such as: Cola-cola factory, Cabbage Patch Kids Factory, Under Ground Mall, the Zoo, Atlanta Braves Stadium, Six Flags Over Georgia, Stone Mountain Park, and the Atlanta Aquarium, are all in or near the city of Atlanta. The three that we visit on every trip to Atlanta are Six Flags, Stone Mountain, and the Atlanta Aquarium.

The goal of inferential statistics is to end up rejecting the null hypothesis and concluding that a significant relationship exists; therefore, the null hypothesis always presume no relationship.

Descriptive statistics are digits that are used to summarize and describe a given range of data (Klenke, 2008). Basic descriptive data includes, mean, median, mode, variance and standard deviation. The data can be rearranged in an ascending order as follows:

Statistics, facts, data, and comparisons are absorbing and challenging to present in a way that is anything other than, well, boring. For purposes of an informational presentation, the statistics are unavoidable. However, in this

The information in the table below refers to the 2008 model year product line of BMW automobiles. Identify the Individuals, variables, and data corresponding to the variables in the table below. Determine whether each variable is qualitative, continuous, or, discrete. Please refer to problems #51 and #53 on page 13 for examples.

Assuming unequal variances, the two sampled t-Test was applied on the data sets of female and male shoe sizes with the alpha value of 0.05. The null hypothesis was that the female and male shoe sizes have an equal mean while the alternative hypothesis was that female and male shoe sizes do not have an equal mean. With the degrees of freedom being 27, the t-statistic is -8.16. The probability that -8.16 is ≤ -1.70 is 4.5×10-9 for the one-tailed test. Also, the probability that -8.16 is ≤ ±2.05. is 9.1×10-9 for the two-tailed test. Given that both probabilities are under the alpha value of 0.05, the null hypothesis is therefore rejected, and the alternative hypothesis is accepted at the 95% confidence level.

When analyzing data, such as the marks achieved by 100 students for a piece of coursework, it is possible to use both descriptive and inferential statistics in your analysis of their marks. Typically, in most research conducted on groups of people, you will use both descriptive and inferential statistics to analyses your results and draw conclusions. So what are descriptive and inferential statistics? And what are their differences? Descriptive statistics is the term given to the analysis of data that helps describe, show or summarize data in a meaningful way such that, for example, patterns might emerge from the data. Descriptive statistics do not, however, allow us to make conclusions beyond the data we have analyzed or reach conclusions regarding any hypotheses we might have made. They are simply a way to describe our data.

2. Inferential statistics refers to generalizing from a sample to a population, estimating unknown parameters, drawing conclusions, and making decisions.

A recent report on the weekly news presented the findings of a study on the effectiveness of Onglyza, along with diet and exercise, for treating diabetes.

Statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation, and presentation of data. It is applicable to a wide variety of academic disciplines, from the physical and social sciences to the humanities. Statistics are also used for making informed decisions – and misused for other reasons – in all areas of business and government. Statistical methods can be used to summarize or describe a collection of data; this is called descriptive statistics. In addition, patterns in the data may be modeled in a way that accounts for randomness and uncertainty in the observations, and then used to draw inferences about the process or population being studied; this is called inferential statistics. Both

c.)Find a 95% confidence interval for the difference between the above obtained mean starting salaries.

number 23 out of 30 top salaries in the league, they also had 96 wins

Major League Baseball is known as America’s favorite pastime, and MLB teams spend an extensive amount of money in the excess of a billion dollars with the ultimate goal to win the World Series. This learning team’s focus throughout this descriptive statistics paper is the MLB players’ performances, salaries, salary caps, and winning percentages. Though salaries will by no means be a trade for wins, the goal is to use the less experienced players and pay them a lower salary. Research has been done on whether or not player’s salaries and wins are connected.