Question

Describe the difference between descriptive and inferential statistics. Write about a time when you used descriptive statistic to make a decision in your life.

Answer 1

BASIS FOR COMPARISON	DESCRIPTIVE STATISTICS	INFERENTIAL STATISTICS
Meaning	It is that branch of statistics which describes the population under study.	It is a type of statistics, that which gives conclusions about the population based upon observation and sample analysis
What it does?	Make the data organized and easy to understand.	Predicts data and make conclusions
Form of final Result	Charts, Graphs and Tables	Probability
Function	It explains the data, which is already known, to summarize sample.	It attempts to reach the conclusion to learn about the population, that extends beyond the data available.

Once I had to see that in my pet shop how many dogs and cats sold, I used descriptive stats to organise data and prepare chart