Question

Determine whether the statement describes a descriptive or inferential statistic. A recent poll of 3436 luxury car owners in Michigan showed that the average price of a luxury car in the U.S. is $42,200. g

Answer 1

Answer: The correct answer is DESCRIPTIVE STATISTIC

Step-by-step explanation: DESCRIPTIVE STATISTIC is a summary statistic that quantitatively describes features from the collection of information from a population.

It uses the data to provide descriptions of the population. Inferential statistics on the otherhand makes 'inferences and predictions' about a population based on a sample of data of a population.

Answer 2

The statement describes an inferential statistic.

Explanation:

The results are being generalized in this vase for the average price of a luxury car in the U.S. by surveying around 3436 luxury car owners.

In inferential statistic, we take the data from the given sample and then we make generalizations about the population.