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Comparison of descriptive and inferential statistics

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What are the main differences between descriptive and inferential statistics? What is each used to accomplish?

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The main difference between descriptive and inferential statistics is that descriptive statistics describe what the data show whereas with inferential statistics the goal is to reach conclusions that extend beyond the data in hand. Descriptive statistics are used to describe or summarize data in hand from a sample or a population. On the other hand, inferential statistics are ...

Solution Summary

This solution is comprised of a detailed explanation of what descriptive and inferential statistics do and the differences between descriptive and inferential statistics. The explanation is supported with an example.