The estimation of the population average family expenditure on food based on the sample average expenditure of 1,000 families is an example of
A)inferential statistics.
B)descriptive statistics.
C)DCOVA framework.
D)operational definition.

Question

Quizplus · Accepted Answer

Estimating the population average based on a sample is an example of inferential statistics, which involves drawing conclusions and making predictions about a population based on data from a sample. Descriptive statistics would involve simply describing the characteristics of the sample (such as the sample mean expenditure). DCOVA framework and operational definition are not relevant to this scenario.

The Estimation of the Population Average Family Expenditure on Food