The Process of Using Sample Statistics to Draw Conclusions About

question 33

Multiple Choice

The process of using sample statistics to draw conclusions about true population parameters is called

• A) statistical inference.
• B) the scientific method.
• C) sampling.
• D) descriptive statistics.

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Definitions:

Great Depression

A severe worldwide economic downturn that took place mostly during the 1930s, starting in the United States.

Stock Market Crash

A sudden and severe drop in stock prices across a significant portion of the stock market, often signaling the start of an economic downturn.

Federal Government

The national government of a federated state, which shares sovereignty with the individual state governments.

Trust in Government

Trust in government refers to the confidence that citizens have in their governmental institutions and leaders to act in the public’s interest.