A Recent Report Stated ʺBased on a Sample of 250

question 17

Multiple Choice

A recent report stated ʺBased on a sample of 250 truck drivers, there is evidence to indicate that, on average, independent truck drivers earn more than company-hired truck drivers.ʺ Does this
Statement describe descriptive or inferential statistics?

• A)Inferential statistics
• B)Descriptive statistics

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Definitions:

Regularly

means occurring at fixed intervals or consistently over time.

Improve Quality

The process of making enhancements to various aspects of a product, service, or process to increase satisfaction among users and stakeholders.

Reach Goals

The process of setting, pursuing, and achieving objectives or desired outcomes.

Change Processes

The series of actions taken to achieve significant alterations in business operations, organizational structures, or cultural changes within an organization.