Inferential Statistics Allow Us To

question 59

Multiple Choice

Inferential statistics allow us to:

• A) infer from a population the characteristics of a sample.
• B) infer from a sample the characteristics of a population.
• C) infer that a sample is random.
• D) describe the statistical properties of a sample.

---

Definitions:

No-par Stock

Stock issued without a par value specified in the corporate charter or on the stock certificate.

Minimum Legal Capital

The least amount of capital that a company is required to maintain by law, to protect creditors from the company's liabilities.

Convertible Stock

Equity securities that can be converted into a predetermined number of common shares, at the option of the holder.

Callable Stock

A type of security that gives the issuer the right to buy back the shares at a predetermined price after a certain period.