In this video, Josh Lospinoso, Lead Technologist at Red Owl Analytics, provides an illustrative example of how using inferential statistics, rather than descriptive statistics, can provide clear and precise results that would not be possible with descriptive techniques. A demo dataset of income, age, gender, and years of education is generated for the example. All of these materials are available here: https://sites.google.com/a/lospi.net/home/downloads/