The Process of Summarizing Sample Data Is Called

question 54

Multiple Choice

The process of summarizing sample data is called

• A)inferential statistics
• B)nominal data
• C)descriptive statistics
• D)deferential statistics
• E)nonparametric statistics

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Definitions:

Years

Units of time measuring 365 or 366 days, used as a standard time period for comparing durations.

Months

Units of time corresponding approximately to one cycle of the moon's phases, used in planning and organizing activities over a period, typically consisting of 30 or 31 days, except for February.

Financial Calculator

An electronic calculator designed to perform financial functions commonly needed in business and commerce.

Ordinary Annuity

A series of equal payments made at fixed intervals for a specified period of time.