Thirty of the 198 Students Enrolled in Statistics 101 Were

question 78

Multiple Choice

Thirty of the 198 students enrolled in Statistics 101 were asked if they wanted Exam II to be a take-home or an in-class assessment. Twenty, or about 67%, of the students polled indicated a Preference for an in-class exam. The professor concluded that the majority of students in Statistics 101 would prefer an in-class examination for the second assessment. Did the professor perform a Descriptive study or an inferential study?

• A)Descriptive
• B)Inferential

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Definitions:

Net Sales Adjusted

The revenue a company generates from its primary operations after deducting returns, allowances, and discounts.

Direct Method

A way of allocating service department costs directly to production departments without intermediate steps.

Operating Activities

The day-to-day activities of a business involved in producing and delivering its products and services, generating cash flows from these primary activities.

Income Tax Expense

The total amount of income tax a company is obligated to pay to the government, based on its taxable income for a particular period.