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Which of the Following Statements Is Correct

Question 7

Multiple Choice

Which of the following statements is correct?


A) A parameter is a measure that is calculated from a sample.
B) Statistics is the science of collecting, organizing, analyzing, interpreting, and presenting data.
C) For day-to-day business data analysis, most firms rely on a large staff of expert statisticians.
D) A statistical test result that is significant also has practical importance.

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