A new sales person is paid a commission on each sale. This person made $2,000 his first month on the job. From this he concludes that he will make $24,000 during his first year. This is an example of ___.
A) inferential statistics
B) quantitative data
C) descriptive statistics
D) deferential statistics
E) categorical data

Question

Quizplus · Accepted Answer

The salesperson is using inferential statistics by making a prediction about future earnings based on the data from the first month.

A New Sales Person Is Paid a Commission on Each