Which of the Following Statements About Business Statistics Is Not

question 118

Multiple Choice

Which of the following statements about business statistics is not true?

• A)Virtually every area of business uses statistics in decision making.
• B)Presenting business statistics always requires the use of a specific graph called a bar chart.
• C)There is a wide variety of uses and applications of statistics in business.
• D)Business statistics can be used to forecast future values and predict trends.

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Definitions:

Erikson's Stages

Refers to Erik Erikson's theory of psychosocial development, which outlines eight stages of human growth, each characterized by a specific conflict and potential outcome.

Completed

The state of having finished or brought something to an end.

Rotter's LOC

A psychological concept developed by Julian B. Rotter, referring to an individual's belief about the underlying causes of events in their lives, denoting either internal or external locus of control.

Insecurity

Feelings of uncertainty or anxiety about oneself; a lack of confidence.