A Knowledge of Statistics Helps Us Make Decisions Based on ______

question 48

Multiple Choice

A knowledge of statistics helps us make decisions based on ______ evidence.

• A)logical
• B)unobserved
• C)possible
• D)empirical

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Definitions:

Constructive Trust

A constructive trust is an equitable remedy imposed by a court to address wrongful conduct, such as fraud or unjust enrichment, creating a fiduciary relationship over the property for the benefit of the wronged party.

Entitled

Having a legal right or a just claim to receive or do something.

Trustee

An individual or firm that holds or administers property or assets for the benefit of a third party.

Beneficiary

An individual or entity entitled to benefits or advantages from something, such as a trust, insurance policy, or a will.