Statistics Which Summarize Data Are Termed ___ Statistics

question 172

Multiple Choice

Statistics which summarize data are termed ___ statistics.Those that indicate what might be concluded from research results are called ___ statistics.

• A) experimental; correlational
• B) correlational; experimental
• C) inferential; descriptive
• D) descriptive; inferential

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Definitions:

Selling Price

the amount of money for which a good or service is sold to a customer, not necessarily reflecting the cost of production or provision.

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee, typically recognized as a portion of the investee’s net income or loss.

Voting Shares

Shares that give the shareholder the right to vote on matters of corporate policy making and on the election of the board of directors.

Equity Securities

Financial assets representing ownership interest in a company, such as stocks.