As controller of the Hamby Corporation, you are directed by the chairman of the board to investigate the problem of overspending by employees who have expense accounts. You ask the accounting department to provide you with records of the number of dollars spent by each of 25 top employees during the past month. The following record is provided:

The question the board of directors wanted to be answered is “How many of our 25 top executives spent more than $600 last month?” What will be your answer? Are you dealing with descriptive statistics or inferential statistics?

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$292 435 322 712 560 $494 870 397 520 298 $600 725 390 575 472 $807 299 420 670 905 $535 602 469 723 305