Which of the Following Is Not an Example of Descriptive

question 65

Multiple Choice

Which of the following is not an example of descriptive statistics?

• A)a histogram depicting the age distribution for 30 randomly selected students
• B)an estimate of the number of Alaska residents who have visited Canada
• C)a table summarizing the data collected in a sample of new-car buyers
• D)the proportion of mailed-out questionnaires that were returned

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Definitions:

Accounting System

A systematic process of recording, summarizing, and analyzing financial transactions of a business to provide accurate financial information.

Tactical Decisions

Short-term decisions made within the framework of a company's strategic plans, often involving the allocation of resources or adjustment of operations.

Sunk Costs

Costs that have already been incurred and cannot be recovered or altered by future actions or decisions.

Opportunity Cost

Opportunity cost represents the benefit that is missed or given up when choosing one option over another, an important concept in decision-making.