Question: (a) Explain the main differences between descriptive and inferential (proper) statistics as they relate to their objectives and the role of probability. (b) There is

(a) Explain the main differences between descriptive and inferential (proper) statistics as they relate to their objectives and the role of probability.

(b) “There is no such thing as descriptive statistics that summarizes the statistical information in the data at hand without invoking any probabilistic assumptions.”

Discuss.

(c) Explain the difference between modeling the particular data and modeling the underlying stochastic mechanism that gave rise to the data.

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