TEST BANK FOR BASIC STATISTICS FOR BUSINESS AND ECONOMICS 7TH EDITION _BY DOUGLAS A. LIND, WILLIAM G. MARCHAL, SAMUEL A.
1) The general process of gathering, organizing, summarizing, analyzing, and interpreting data
is called:
A) Statistics.
B) Descriptive statistics.
C) Inferential statistics.
D) Levels of measurement.
2) The general process of analyzing, and interpreting data to assist in making more effective
decisions is called:
A) Statistics.
B) Descriptive statistics.
C) Inferential statistics.
D) Levels of measurement.
3) The general process of gathering, organizing, presenting, analyzing, and interpreting data to
assist in making more effective decisions is called:
A) Statistics.
B) Descriptive statistics.
C) Inferential statistics.
D) Levels of measurement.
4) The general process of organizing, summarizing, and presenting data in an informative way
is called: