A Researcher Wants to Know What the Average Variation Is

question 54

Multiple Choice

A researcher wants to know what the average variation is in altimeters of small,privately owned airplanes.The task of determining this is expensive and time consuming,if even possible,given the large number of such airplanes. The researcher decides to use government records to randomly locate the owners of ten such planes and then get permission to test the altimeters.When the researcher is done,he will use the data gathered from the group of ten to reach conclusions about all small,privately owned airplanes.This process can best be described as _______.

• A) data statistics
• B) research statistics
• C) descriptive statistics
• D) inferential statistics
• E) nonparametric statistics

---

Definitions:

Issue Price

It refers to the price at which a new security, such as a bond or stock, is offered to the public for sale.

Present Value

The present value of a future amount of money or succession of cash flows, assuming a certain rate of return.

Bond Interest Expense

The cost incurred from borrowing funds through the issuance of bonds, represented as interest payments to bondholders.

Interest Date

The specific date on which interest payments are due to be paid to lenders or bondholders.