Descriptive Statistical Measures

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Drawing statistical conclusions involves usage of enumerative and analytical studies, which are:

Enumerative or descriptive studies describes data using math and graphs and focus on the current situation like a tailor taking a measurement of length, is obtaining quantifiable information which is an enumerative approach. Enumerative data is data that can be counted.

A statistic is a quantity derived from a sample of data for forming an opinion of a specified parameter about the target population.

Analytical (Inferential) Studies – The objective of statistical inference is to draw conclusions about population characteristics based on the information contained in a sample. It uses sample data to   predict or estimate what a population will do in the future like a doctor taking a measurement like blood pressure or heart beat to obtain a causal explanation for some observed phenomenon which is an analytic approach.

 

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