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Difference between descriptive and inferential statistics

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Reference no: EM131724498

Question: The median income for a random sample of households in a school district was found to be $56,300. From this information, the school board decided that the median income for all households in the district was probably between about $52,000 and $60,000. Describe the difference between descriptive statistics and inferential statistics in the context of this example.

Reference no: EM131724498

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