Which of the Following Is Not True of Statistics

question 57

Multiple Choice

Which of the following is not true of statistics?

• A) Statistics is used to answer questions with 100% certainty.
• B) Statistics involves collecting and summarizing data.
• C) Statistics can be used to organize and analyze information.
• D) Statistics is used to draw conclusions using data.

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Definitions:

Buying And Selling

The basic actions of purchasing an asset and then selling it, fundamental processes in any market.

Operating Lease

A lease agreement allowing the use of an asset but does not convey rights of ownership of the asset.

Relatively Short

The term "relatively short" refers to a period of time that is short in comparison to other relevant timeframes or expectations.

Technological Changes

The overall process of invention, innovation, and diffusion of technology or processes.