Procedures That Help Organize or Describe Data Collected from a Sample

question 19

Multiple Choice

Procedures that help organize or describe data collected from a sample or a population are called

• A)descriptive statistics.
• B)analytical variables.
• C)inferential statistics.
• D)dependent variables.

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Definitions:

Trade Surplus

A situation where a country's exports exceed its imports over a given period, indicating a net inflow of domestic currency from foreign markets.

Foreign Direct Investment

Investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country.

Automobile Factory

A manufacturing facility dedicated to producing automobiles, encompassing assembly lines and machinery specific to vehicle production.

Foreign Direct Investment

A company or individual from one country investing in another country by either setting up business operations or buying business assets there.