When Using Statistics in Economics, the Possibility of Error

question 76

Multiple Choice

When using statistics in economics, the possibility of error

• A)is not considered to be important.
• B)can be eliminated with more sophisticated statistical techniques.
• C)cannot be evaluated.
• D)cannot be controlled.
• E)cannot be eliminated.

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Definitions:

Psychotherapy

A type of therapy used to treat mental health issues by talking with a psychiatrist, psychologist, or another mental health provider.

Unconscious Feelings

Refers to emotions and feelings that are not immediately available to an individual's conscious mind.

Repressed Emotions

Feelings that have been unconsciously pushed down or held back from conscious awareness, often as a defensive mechanism to avoid pain or anxiety.

Significant Figure

A digit in a number that contributes to its precision, indicating the extent of its accuracy.