   Chapter 1, Problem 3P Essentials of Statistics for the B...

8th Edition
Frederick J Gravetter + 1 other
ISBN: 9781133956570

Solutions

Chapter
Section Essentials of Statistics for the B...

8th Edition
Frederick J Gravetter + 1 other
ISBN: 9781133956570
Textbook Problem

Statistical methods arc classified into two major categories: descriptive and inferential. Describe the general purpose for the statistical methods in each category.

To determine

To Describe: The general purpose of the statistical methods in descriptive and inferential statistics.

Explanation

Given info:

Statistical methods are classified into two major categories: descriptive and inferential.

Justification:

The general purpose of descriptive statistics in statistical methods is to summarise, visualise, organize and displaying the given data. Its main purpose is to express the large data through statistical measures so that only few statistical measures brief entire data. For example mean mode, median, quartiles, histograms, box plots, stem-leaf plots etc.

The general purpose of inferential statistics in statistical methods is to make conclusion about the population characteristics on the basis of random sample selected from it...

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