The Process of Analyzing Sample Data in Order to Draw

question 41

Multiple Choice

The process of analyzing sample data in order to draw conclusions about the characteristics of a population is called

• A) descriptive statistics.
• B) statistical inference.
• C) data analysis.
• D) data summarization.

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Definitions:

Instrumental Action

Behavior oriented towards achieving a specific goal or end, often motivated by self-interest or efficiency.

Objective Goal

A specific, measurable, and observable aim that is pursued by individuals or groups, often set to achieve desired outcomes.

Shared Understanding

A common knowledge or perspective held collectively by a group, facilitating communication and cooperation.

Fordism

An economic model based on mass production and consumption, characterized by standardized products and assembly-line techniques, named after Henry Ford.