Question

In: Statistics and Probability

Under descriptive statistics, we study A. the description of decision making tricks B. samples to assist...

Under descriptive statistics, we study

A. the description of decision making tricks

B. samples to assist in decision making

C. how to describe the probability distribution

D. the methods for organizing, displaying, and describing data

Solutions

Expert Solution

Descriptive statistics are brief descriptive coefficients that summarize a given data set, which can be either a representation of the entire population or a sample of it. Descriptive statistics are broken down into measures of central tendency and measures of variability, or spread. Measures of central tendency include the mean, median and mode, while measures of variability include the standard deviation or variance, the minimum and maximum variables, and the kurtosis and skewness. Thus, in descriptive statistics, we study the methods for organizing, displaying, and describing data. Correct choice is (D).


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