Statistical Techniques That Summarize, Organize, and Simplify Data Are Best

question 20

Multiple Choice

Statistical techniques that summarize, organize, and simplify data are best classified as ____ statistics.

• A) population
• B) sample
• C) descriptive
• D) inferential

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Definitions:

Financial Resources

The funds used to acquire the natural and human resources needed to provide products; also called capital.

Primary Funding

Primary Funding refers to the initial capital raised by a business or project from various sources such as equity, debt, or grants to finance its startup and initial operations.

Operations

The day-to-day activities involved in managing and controlling the processes of production or provision of services in an organization.