Question

Determine whether the statement describes a descriptive or inferential statistic. The average price of a house...

Determine whether the statement describes a descriptive or inferential statistic.

The average price of a house in the new subdivision is $300,000.

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Answer #1

Answer :-

Consider given statement

The average price of a house in the new subdivision is $ 300000

Mathematically we denote it as X- (xbar) = $300000

xbar is also called sample average, and  average concept come under descriptive statistics

Hence , The above statement describes is a descriptive statistic.

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