All of the Following Are True About Statistics EXCEPT

question 48

Multiple Choice

All of the following are true about statistics EXCEPT:

• A) Most statistics are collections of examples reduced to numerical form.
• B) Statistics should not be rounded off because this would make them inaccurate.
• C) When you use statistics accurately, you show that you are well informed.
• D) Statistics are a common form of support in business presentations.

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Definitions:

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations and marked by significant events and battles across continents.

Japanese Industrialists

Business leaders and entrepreneurs in Japan who have significantly contributed to the development and growth of the country's industrial sector.

Economies Of Scale

Reductions in average total cost as output rises.

Treasury Reserves

Funds or assets held by a country's treasury to manage the economy’s money supply, stabilize currencies, or finance emergencies.