Those Methods Involving the Collection, Presentation, and Characterization of a Set

question 95

Multiple Choice

Those methods involving the collection, presentation, and characterization of a set of data in order to properly describe the various features of that set of data are called

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

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Definitions:

Cost of Living

Refers to the amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time.

Poverty Threshold

The minimum level of income deemed adequate in a particular country, determining who is classified as poor.

Poverty Rate

The percentage of the population with incomes below the poverty threshold.

Poverty Threshold

The minimum level of income deemed necessary to achieve an adequate standard of living in a given country.