What Are the Two Main Branches of Statistics

question 53

Multiple Choice

What are the two main branches of statistics?

• A) descriptive statistics and inferential statistics
• B) algebra and calculus
• C) geometry and calculus
• D) descriptive statistics and calculus

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Definitions:

Initial Value

The starting monetary or numerical value of an investment, account, or another financial instrument before any earnings or losses.

Reduction

The act of making something lesser in size, amount, or degree.

Equals

Signifies that two quantities or expressions have the same value.

Final Value

Refers to the value of an investment or payment at the end of a specified period, accounting for interest or growth.