The statement "The price of a Canon digital camera is likely to be lower in three months than it is now" is arrived at by the use of descriptive statistics.

Question

Quizplus · Accepted Answer

The given statement is a prediction about the future price of a product and is therefore not arrived at by the use of descriptive statistics. Descriptive statistics involves using numerical measures such as mean, median, mode, and standard deviation to analyze and describe data that has already been collected. It does not involve making future predictions about prices.

The Statement "The Price of a Canon Digital Camera Is