Question

Classify each of the studies as either descriptive or inferential. Explain your answers.

A company provides an online database that provides real estate information for homes that are for rent or sale in a certain country. It also presents statistics on recently sold homes. The following table gives various information on all homes sold in several different cities in the country for one month.

City Price per square foot Sale to list price ratio % foreclosure re-sales

Scottsdale, AZ $167 0.973 12.43%
Washington, DC $436 0.990 2.88%
San Francisco $636 1.026 6.55%
as Vegas, NV $74 1.000 19.45%
Nashville, TN $106 0.973 18.09%

Answer 1

Answer: Descriptive statistics uses the data to provide descriptions of the population, either through numerical calculations or graphs or tables. Inferential statistics makes inferences and predictions about a population based on a sample of data taken from the population in question.

Explanation: Scottsdale, AZ $167 0.973 12.43%

Washington, DC $436 0.990 2.88%

San Francisco $636 1.026 6.55%  

as Vegas, NV $74 1.000 19.45%

Nashville, TN $106 0.973 18.09%

They are all Inferential study