Which type of statistics are used for decision-making,for generalizing from small samples,and for drawing conclusions?
A) descriptive
B) inferential
C) nominal
D) ordinal

Question

Quizplus · Accepted Answer

Inferential statistics are used for decision-making, generalizing from small samples, and drawing conclusions. Descriptive statistics, on the other hand, are used to describe and summarize data. Nominal and ordinal statistics are types of variables used in data analysis, but they do not refer to the type of statistics used for decision-making and drawing conclusions.

Which Type of Statistics Are Used for Decision-Making,for Generalizing from Small