Why do we need descriptive statistics?
A) Descriptive statistics summarize data and tell us about various characteristics of a dataset.
B) Descriptive statistics allow us to generalize to the population
C) Descriptive statistics is critical for us to compare samples to populations.
D) Descriptive statistics are used to characterize and estimate the true population parameter based on the dataset.

Question

Quizplus · Accepted Answer

Descriptive statistics summarize data and tell us about various characteristics of a dataset, such as measures of central tendency, variability, and shape of the distribution. This information can help us understand the data better and make informed decisions. Descriptive statistics do not allow us to generalize to the population or make inferences about the true population parameter based on the dataset, which is the realm of inferential statistics.

Why Do We Need Descriptive Statistics