Determine Which Branch of Statistics Was Used to Make the Following

question 53

Multiple Choice

Determine which branch of statistics was used to make the following statement. Because of the current economy, 49% of 18 to 34 year olds have taken a job to pay the bills.

• A) inferential statistics
• B) time series statistics
• C) descriptive statistics
• D) differential statistics

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Definitions:

Pro Forma Income Statement

A financial statement that projects future income, expenses, and net profit based on hypothetical scenarios.

Profit And Loss

A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period, usually a fiscal quarter or year.

Financial Slide

A situation marked by a significant decrease in the financial performance or value of assets.

Memorize The Pitch

The process of learning and practicing a persuasive speech or presentation by heart to effectively communicate a business idea or product to potential investors or partners.