Which of the Following Best Describes the Role of Probability

question 2

Multiple Choice

Which of the following best describes the role of probability theory:

• A)it is the link between descriptive statistics and inferential statistics
• B)it is the link between statistics and data
• C)it explains the role of chance in everyday events
• D)it is used to describe various distributions of data
• E)all of the above

---

Definitions:

Incubators

Organizations designed to nurture and grow early-stage startups by providing resources, support, and services.

New Venture

A recently started business or project that typically involves some element of risk or innovation.

Confidential

Information or material meant to be kept secret or private between included parties.

Financial Status

The condition of one's financial health, often evaluated by income, expenses, debt, and assets.