Your Business Statistics Class Had a Test Last Week

question 15

Multiple Choice

Your business statistics class had a test last week. The average score for the class is an example of

• A) secondary data
• B) qualitative data
• C) descriptive statistics
• D) inferential statistics

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Definitions:

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded for a given period.

Euros

The legitimate monetary unit for the eurozone, adopted by 19 of the European Union's 27 member countries.

British Pounds

The currency of the United Kingdom, which is one of the most widely used and oldest currencies in the world.

Foreign Exchange

The exchange of one currency for another or the conversion of one currency into another currency.