What is the main difference between descriptive statistics and inferential statistics? Descriptive statistics are:
A) used to summarize data while inferential statistics are used to obtain precise information about a large data set.
B) used to make forecasts about the likelihood of upcoming events while inferential statistics are used to summarize any data set.
C) used to summarize a large data set while inferential statistics involves procedures used to make forecasts or judgments about a large data set by examining a smaller sample.
Answer: C