Which of the Following Statements Is Not True

question 10

Multiple Choice

Which of the following statements is not true?

• A)A statistic is a single measure (usually numerical) that is calculated from a sample.
• B)Statistics is the science of collecting, organizing, analyzing, interpreting, and presenting data.
• C)For day-to-day business data analysis, most firms rely on a large staff of expert statisticians.
• D)A statistical test may be significant yet have no practical importance.

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Definitions:

Values

Core beliefs or standards that guide and motivate attitudes and actions in individuals and organizations.

Organizational Culture

The shared values, beliefs, practices, and norms that define an organization's social and psychological environment.

Edgar Schein

A notable American organizational psychologist, known for his contributions to the understanding of organizational culture.

Assumptions

Beliefs or ideas taken for granted without verification that support our views and decisions.