The Component of Statistical Methodology That Includes the Collection,organization,and Summarization

question 83

Multiple Choice

The component of statistical methodology that includes the collection,organization,and summarization of data is called:

• A)descriptive statistics.
• B)probability distribution.
• C)statistical inference.
• D)predictive statistics.

---

Definitions:

Construction Companies

Firms that are primarily engaged in the construction of buildings or engineering projects (e.g., highways and utility systems).

Management By Objectives (MBO)

A performance management approach where managers and employees work together to set, record, and monitor goals for a specific period, aiming for organizational alignment and performance improvement.

Work In Process

Items or tasks that are in the stages of production but are not yet completed; also referred to as work in progress.

PERT Event

An activity or milestone within the Program Evaluation and Review Technique, which is a project management tool used to schedule, organize, and coordinate tasks within a project.