In Statistics, Smaller Portion of the Entire Data or Population

question 1

Multiple Choice

In statistics, smaller portion of the entire data or population is commonly called a

• A)subset
• B)group
• C)data set
• D)sample

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Definitions:

Interest

A fee for the benefit of loaning money, usually stated as a yearly interest rate.

Payments

These are amounts paid or to be paid by one party to another in exchange for goods or services or as repayment of a loan.

Compounded Quarterly

Interest on an investment that is calculated four times a year.

Interest

Money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.