Descriptive Vs Inferential Statistics

Introduction

Explanatory and irrational statistics are two sub-fields of a large field of data. Descriptive Statistics

Descriptive statistics is about summarizing data.

Commonly used descriptive statistics include averages, averages, frequencies, standard deviations and a set of values. Example: Sales Company

Suppose you work for a large company and have been given a sales dataset for the last month. Average # sales per day: 214.0667 % Salespeople that met quota: 60% Total Sales of Each Product This Month: Monthly Sales Throughout the Year:

Data can be interpreted more easily in this format.

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