Study the following problems and determine what is appropriate to use – descriptive or inferential statistics. Justify your answer in not more than two sentences. A recent survey of 1,200 adults having an MBA reported that the average salary is more than 1.5 million pesos.

Study the following problems and determine what is appropriate to use – descriptive or inferential statistics. Justify your answer in not more than two sentences. A recent survey of 1,200 adults having an MBA reported that the average salary is more than 1.5 million pesos.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 8SGR

See similar textbooks

Related questions

Q: Identify the descriptive statistics statement from the following. O a There are 40% of boys and 60%…

A: Given four statements, we have to identify the discriptive statistics statement.

Q: What descriptive statistics would you use for a survey about depression?

A: Descriptive statistics: A descriptive statistic is a summary statistic that quantitatively describes…

Q: A marketing class of 50 students evaluated the instructor using the following scale: superior, good,…

A: Given information: A marketing class consists of n = 50 students. They evaluated the instructor…

Q: Answer the following statistic questions using the context below.

A: Given that n=95 , X=44 99% confidence level

Q: The Gallup organization conducted a telephone survey with a randomly selected national sample of 925…

A: Hello there! There are more than 3 sub parts in the question shared. According to our policies…

Q: Professor Pete's calculus class has the following scores: 19 21 31 32 37 45 52 55 62 63 63 65 65 77…

Q: In an application to estimate the mean number of miles that downtown employees commute to work round…

A: We have given that n = 20sample mean, Xbar = 4.33s = 3.50

Q: Determine whether the following statements use the area of descriptive statistics or inferential…

A: Descriptive statistics uses data to provide a description of the population, either through…

Q: Good Day! Can I ask for a brief explanation on what is the use of Statistics in the real world?

A: Solution-: Brief explanation on what is the use of Statistics in the real world?

Q: The following is a first-year college student’s first semester transcript. Fall 2020 Course…

A: Consider the credit hours as weights. The formula for weight average is defined as follows:

Q: A health food company has the following statement on their new product packaging: "Prevents all…

A: Descriptive Statistics is concerned with describing the population under study with the help of…

Q: The two main branches of statistics are Descriptive and Inferential Population and a sample…

A: The branch of statistics in which a random sample of data take from population is used to describe…

Q: In a comparison of the effectiveness of distance learning with traditional classroom instruction, 12…

Q: What is the test statistics? From the problem in the picture

A: Given - n1=20, x1=8.2, s1=5.9n2=30, x2=5.6, s2=5.7

Q: what was the primary use of statistics in ancient times

A: In ancient times, Statistics was primarily used by the rulers or kings in order to collect…

Q: Indicate whether the following statement is descriptive or inferential statistics. (No need for…

Q: Explain in 4 or more sentences, what effect moving a true population mean away from a hypothesized…

A: Given information: The investigator is specially interested in determining the effect moving a true…

Q: The sample mean is the point estimator of 18

Q: a. Which age group typically has the highest rate of obesity? b. Comment on any similarities and…

A: The bar plot has been provided to find out conclusion

Q: What are the terminologies used in Statistics? Give them all

A: The terminology used in statistics are listed below

Q: 1)If all of the values in a set of data were doubled, what would happen to the mean?

Q: To the nearest tenth, what is the geometric mean of the following data set? 15, 25, 35, 40.

A: We have the given set of data we have to find the geometric mean the given data is 15, 25, 35,…

Q: 2. The instructor claims that her student's mean score for the Final Term Examination is not lower…

Q: In your own words, what is the difference between testing μdμdand μ1=μ2μ1=μ2? 2. The test…

A: Answer: For hypothesis problems first need to what is hypothesis? What is null hypothesis? What is…

Q: For what kinds of data is the arithmetic mean inappropriate?

Q: Identify the following as either descriptive or inferential statistics : "The average Chinese viewer…

A: Given : The average Chinese viewer watches 200 hours of TV per month.

Q: For each of the following statements below, decide whether it belongs to descriptive statistics or…

A: The population is the whole data of the subject under study. For example: If mean height of the…

Q: Which of the following is NOT a feature of a good survey questionnaire? a. It contains short and…

A: Questionnaire: The term questionnaire means a list of certain systematically arranged questions…

Q: Why are identification numbers generally not used in statistics?

A: Identification number is unique ID to represent a unique individual. The Identification numbers are…

Q: Which of the following statements involve descriptive statistics as opposed to inferential…

A: Descriptive statistics helps to describe characteristics of a population ( or Summarize data). while…

Q: The following is an example of what type of error? The sample suggests that the food is not safe,…

A: The type I erpor is defined as rejecting the null hypothesis when it is true. The type II error is…

Q: 6. In a second stage of testing to discriminate between true and false positives for these same…

A: Solution In the second stage prevalence of disease is equal to PPV .

Q: To test the effectiveness of a business school preparation course, 8 students took a general…

Q: It is a level of measurement for categorical data, where numbers are assigned to non-numeric data

A: We know that there are four levels of measurement, two are used for categorical data amd two are…

Q: What is the point estimator of the population proportion, p

A: Point estimator is a statistic that is used to estimate the population parameter.

Q: Which of the following involves inferential statistics as opposed to descriptive statistics? A A…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: According to the National Automobile Dealers Association, the mean price for used cars is $10,062. A…

Q: Can you please explain the process of solving this part of a statistics question? Specifically…

A: Solution: The above information represents the calculation of Test statistic for population…

Q: Define the following terms and write down their formulas ? Statistics, Primary data, secondary…

A: Statistics It is a study of collection, manipulation and review of the data. It also involves the…

Q: Is the following nominal, ordinal, or interval data? Explain your answer. Stock prices

Q: Study the following problems and determine what is appropriate to use – descriptive or inferential…

A: We use descriptive statistics when we are summarizing or describing the data provided to us like…

Q: In your own word, explain what is inferential statistics with relevant examples.

A: When we take a sample from the population and try to infer the properties and parameters of…

Q: Write a detailed note on following: 1. What are the application of statistics in computing sciences?…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What are the uses and abuses of Statistics in the real world?

A: Statistics is referred to as the branch of mathematics used to draw inferences about the population.…

Q: from the letters of the word STATISTICS?

A: Given the letters of the word STATISTICS

Q: For the following question- Is there a relationship between the final rating given by the customer…

A: The correct answer is 3. t-test (difference between 2 means)

Q: Enter the mean of the following dataset: 6, 4, 3, 12, 2 = Ex: 3.2

A: The given data is 6, 4, 3, 12, 2

Q: Are written conclusions a form of statistics?

A: Yes, for any problem statement conclusion must be drawn and it is a form of statistics.

Question

Study the following problems and determine what is appropriate to use – descriptive or inferential statistics. Justify your answer in not more than two sentences.

A recent survey of 1,200 adults having an MBA reported that the average salary is more than 1.5 million pesos.

Statistics that allow for inferences or estimates about the population. Inferential statistics enable analysts come to conclusions about the population based on sample data. Inferential statistics cover the basics of inferential statistics, all kinds of hypotheses tests and their confidence intervals, design of experiments, and statistical power and errors. It also includes point estimation techniques, limit theorems, sampling distributions, approximations, and bounds. Correlation, regression, and association are also covered under inferential statistics to infer relationships between variables.

Expert Solution