Historically, Which Is the Oldest Form of Statistics

question 18

Multiple Choice

Historically, which is the oldest form of statistics?

• A)descriptive
• B)inferential
• C)parametric
• D)nonparametric

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Definitions:

Fair Values

The estimated price at which an asset or liability could be exchanged between knowledgeable, willing parties in an arm's length transaction.

European Companies

Firms based in one of the countries in Europe, subject to the region's regulatory, economic, and market conditions.

General Journal

A comprehensive accounting record of all transactions made by a company, listed in chronological order before posting to accounts in the general ledger.

Appliance Repair Business

A business focused on fixing and maintaining home or commercial appliances.