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Determine if the following is an example of descriptive or inferential statistics. We want to predict how much money twenty-year-old Americans will save next year.

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Determine if the following is an example of descriptive or inferential statistics. We want to predict how much money twenty-year-old Americans will save next year. Based on data we collected from current twenty-year-olds, we think the average will be $321. This is an example of O inferential statistics. O descriptive statistics

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