Give an Example of Unethical Statistical Practice

question 36

Essay

Give an example of unethical statistical practice.

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Definitions:

Cash Savings

Funds that are kept on hand or in a bank account and are readily available for use in emergencies or for future purchases.

Simple Rate of Return

The percentage of annual incremental net operating income to the initial investment cost.

Cash Operating Costs

Expenses directly related to the production of goods or provision of services that must be paid in cash.

Annual Depreciation

The allocation of the cost of an asset over its useful life, recognized each year.