1. The problem asks to classify the statement as either descriptive or inferential. 2. A descriptive statement summarizes or describes data collected from a specific sample or past study. 3. An inferential statement makes predictions or generalizations about a population based on sample data. 4. The statement "From a past study it was found that the annual percentage rate of a certain credit card averaged 12.83%." reports a specific average found in a past study. 5. Since it reports a known average from past data without making predictions or generalizations, it is a descriptive statement. **Final answer:** The statement is **Descriptive**.