A community researcher wanted to explore the connection between the number of bathrooms in a house and the sale price of the house. He studied 1000 home sales in an economically diverse, medium-sized city and found that the average sale price went up by $47,000 for each full bath. What is the descriptive statistic in this study?

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Business

Lane

1 May, 18:53

A community researcher wanted to explore the connection between the number of bathrooms in a house and the sale price of the house. He studied 1000 home sales in an economically diverse, medium-sized city and found that the average sale price went up by $47,000 for each full bath. What is the descriptive statistic in this study?

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Martin Watson · Answer 1

A house's average sale price went up by $47,000 for each full bath.

Explanation:

A descriptive statistic describes the result of an study using quantitative terms. While a logical inferential statistic makes feasible predictions using the data described by the descriptive statistic.

For example, a study showed that 70% of men prefer to go to work in the morning (descriptive statistic). The study showed that men are more likely to search for jobs in the morning shift (logical inferential statistic).