Inferential Statistics

question 8

Multiple Choice

Inferential statistics:

• A)Are limited to describing a population.
• B)Always require the use of parametric tests.
• C)Always require the use of nonparametric tests.
• D)Tell us the probability that a given result can be attributed to chance.

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Definitions:

Corporations

Legal entities that are separate from their owners, providing limited liability protection, and able to enter into contracts, sue, and be sued.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Directors

Directors are individuals elected by the shareholders of a corporation to oversee and direct the corporation's affairs and make significant business decisions.

Shareholder's Right

The entitlements and privileges, such as voting and profit sharing, accorded to individuals or entities owning shares in a corporation.