A Cancer Research Group Was Interested in Determining the Percentage

question 53

Multiple Choice

A cancer research group was interested in determining the percentage of women 40 years or older that have regularly scheduled mammograms.To accomplish this,they surveyed 500 women in this age group and based on 155 women that responded affirmatively,estimated the percentage of all women in this age group that have regularly scheduled mammograms.This process is an example of _________.

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

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Definitions:

Discount Size

Pertains to the magnitude or amount of reduction in price offered on goods or services, often used as a sales promotion technique to increase consumer demand or clear inventory.

Maturity Period

The duration or lifetime until a financial instrument, such as a bond or loan, is due to be repaid in full.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the total amount loaned.