Determine if the following is an example of descriptive or inferential statistics. 85 randomly selected fifty-year-old Americans were asked how much money they had saved for their retirement. The average for these respondents was $25,000, the minimum was $0 and the maximum was $1,200,000. Descriptive Statistics Inferential Statistics

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
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Determine if the following is an example of descriptive or inferential statistics.

85 randomly selected fifty-year-old Americans were asked how much money they had saved for their retirement. The average for these respondents was $25,000, the minimum was $0 and the maximum was $1,200,000.

  • Descriptive Statistics
  • Inferential Statistics
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