Determine if the following is an example of descriptive or inferential statistics. We want to predict how much money twenty-year- old Americans will save next year. Based on data we collected from current twenty-year-olds, we think the average will be $225. This is an example of | descriptive statistics. inferential statistics. In a study, the data you collect is the number of cousins a person has. What is the level of measurement of this data? Nominal Ordinal
Determine if the following is an example of descriptive or inferential statistics. We want to predict how much money twenty-year- old Americans will save next year. Based on data we collected from current twenty-year-olds, we think the average will be $225. This is an example of | descriptive statistics. inferential statistics. In a study, the data you collect is the number of cousins a person has. What is the level of measurement of this data? Nominal Ordinal
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:Determine if the following is an example of descriptive or
inferential statistics.
We want to predict how much money twenty-year-
old Americans will save next year. Based on data we
collected from current twenty-year-olds, we think
the average will be $225.
This is an example of
|descriptive statistics.
inferential statistics.
In a study, the data you collect is the number of cousins a
person has.
What is the level of measurement of this data?
Nominal
Ordinal
Interval
Ratio
Explain your reasoning below.
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