_____________________ Is the Study and Set of Tools and Techniques

question 17

Multiple Choice

_____________________ is the study and set of tools and techniques used to quantitatively describe, organize, analyze, interpret, and present data.

• A) Measurement studies
• B) Statistics
• C)Qualification
• D) Quantification

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Definitions:

Inventory Investment

Refers to the change in the level of stocked goods in a period, contributing to the calculation of Gross Domestic Product (GDP).

Net Investment

The total spending on new capital assets minus the depreciation on existing capital.

Depreciation

The accounting method of allocating the cost of a tangible asset over its useful life, reflecting a decrease in value over time.

Investing

Dispensing money with the anticipation of making an income or profit.