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How does inferential statistics differ from descriptive statistics?It describes the dataIt makes predictions based on dataIt summarizes the dataIt makes inferences about a population from a sample

Question

How does inferential statistics differ from descriptive statistics?It describes the dataIt makes predictions based on dataIt summarizes the dataIt makes inferences about a population from a sample

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Solution

Descriptive statistics and inferential statistics are two branches of statistics that are used for different purposes.

  1. Descriptive Statistics: This branch of statistics is about describing and summarizing data. It uses measures such as mean, median, mode, standard deviation, range, etc., to provide a summary of the data. It does not make any predictions or inferences about the data. It simply provides a way to understand the data at a glance.

  2. Inferential Statistics: This branch of statistics is about making predictions or inferences about a population based on a sample of data from that population. It uses techniques such as hypothesis testing, regression analysis, confidence intervals, etc., to make these inferences. It goes beyond merely describing the data to making predictions about future data or making inferences about a larger population.

So, to summarize, descriptive statistics describes and summarizes the data, while inferential statistics makes predictions based on the data and makes inferences about a population from a sample.

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