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descriptive statistics versus inferential statistics

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1. Differentiate between descriptive statistics and inferential statistics. Provide an example for each.

2. How does correlation analysis differ from regression analysis? What does a correlation coefficient reveal? Is correlation the same as causation?

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1. Differentiate between descriptive statistics and inferential statistics. Provide an example for each.

Descriptive statistics is used to define the pattern of a actual population or sample being studied whereas inferential statistics is being used to reach conclusions or make generalized predictions about the whole population by studying the sample.

The findings form the descriptive statistics regarding a sample cannot be generalized because the chosen sample may not be representative of the whole population and hence, inferential statistics is being used wherein the chosen ...

Solution Summary

1. Differentiate between descriptive statistics and inferential statistics. Provide an example for each.

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