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

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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.
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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