Question

In: Accounting

The general process of organizing, summarizing, and presenting data in an informative way is called

The general process of organizing, summarizing, and presenting data in an informative way is called


Levels of measurement.

Descriptive statistics.

Inferential statistics.

Statistics

Solutions

Expert Solution

Descriptive Statistics

Descriptive statistics is a process of organizing, summaring and presenting data in a meaningful way that helps in visualizing the data which would otherwise be difficult if we just look at the raw data.

For example : The average salary for architects in 1999 in United States was $54,000


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