Inferential statistics is a way of organizing, representing, and explaining a set of data using charts, graphs, and summary measures*2 pointsTrueFalse
Question
Inferential statistics is a way of organizing, representing, and explaining a set of data using charts, graphs, and summary measures
2 points
True
False
Solution
The statement appears to conflate descriptive statistics with inferential statistics.
Explanation:
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Descriptive Statistics: This branch of statistics focuses on summarizing and organizing data through various means, including charts, graphs, and summary measures (like mean, median, mode, etc.).
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Inferential Statistics: On the other hand, this branch allows us to make inferences or generalizations about a population based on a sample of data. It involves techniques like hypothesis testing, confidence intervals, and regression analysis.
Conclusion:
Given this understanding, the correct answer to the statement is False. Inferential statistics is not primarily about organizing and representing data; that is the role of descriptive statistics.
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