Which of the Following Statements Is False

question 38

Multiple Choice

Which of the following statements is false?

• A) Statistics can be divided into two branches: descriptive and inferential.
• B) The mean,median and mode,are measures of typicalness or central tendency.
• C) The range and standard deviation are measures of spread or dispersion or variability.
• D) A discrete quantitative variable can take on a value at any point along an interval.
• E) The four scales of measurement are important in determining appropriate methods for data description and analysis.

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Definitions:

Marginal Product

Refers to the additional output resulting from using one more unit of a specific input, holding all other inputs constant.

Total Product

The total output or production by a firm using a given amount of inputs.

Quality Tools

Instruments and techniques used to understand, control, and improve the quality of processes and products.

Marginal Product

The additional output that is produced by employing one more unit of a particular resource.