Which of the Following Statements Is Not True Regarding Probabilities

question 70

Multiple Choice

Which of the following statements is not true regarding probabilities:

• A)probability is the basis for inferential statistics
• B)probabilities are subjective measures with limited value in business.
• C)probabilities are used to determine the likelihood of certain outcomes
• D)probabilities can inform many business decisions.

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Definitions:

France and Germany

Two major European countries with a complex history of rivalry, cooperation, and influential roles in European and world affairs.

German Spoken

is a reference to the German language, which is spoken in Germany, Austria, Switzerland, and other countries as a mother tongue or foreign language.

Contentious Relations

Describes relationships, whether between individuals, groups, or nations, characterized by conflict, controversy, or rivalry, often marked by public disagreements or disputes.

Catholic Church

The largest Christian church, led by the Pope, with a global presence and a rich history dating back to the Roman Empire.