Is the percentage provided a descriptive statistic or an inferential statistic? Explain your answer. A. The percentage is a descriptive statistic, since it summarizes information about how much of the population favors breaking up the megabanks.
Is the percentage provided a descriptive statistic or an inferential statistic? Explain your answer. A. The percentage is a descriptive statistic, since it summarizes information about how much of the population favors breaking up the megabanks.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
Related questions
Question
A nationwide survey of 1000 adults found that
50%
of respondents favored a plan to break up the 12 megabanks, which then controlled about
69%
of the banking industry. Complete parts (a) and (b) below.a. Identify the population and sample for this study. Choose the correct answer below.
The population is all adults in the country who favored breaking up the megabanks. The sample is the 1000 adults surveyed.
The population is the 1000 adults surveyed. The sample is those adults who favored breaking up the megabanks.
The population is all adults in the country. The sample is those adults who favored breaking up the megabanks.
The population is all adults in the country. The sample is the 1000 adults surveyed.
Part 2
b. Is the percentage provided a descriptive statistic or an inferential statistic ? Explain your answer.
The percentage is a descriptive statistic, since it summarizes information about how much of the population favors breaking up the megabanks.
The percentage is an inferential statistic, since it draws a conclusion about how much of the sample favors breaking up the megabanks.
The percentage is a descriptive statistic, since it summarizes information about how much of the sample favors breaking up the megabanks.
The percentage is an inferential statistic, since it draws a conclusion about how much of the population favors breaking up the megabanks.
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