Which of the Following Statements Is Not True

Multiple Choice

Which of the following statements is not true?

A) A statistic is a single measure (usually numerical) 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 may be significant yet have no practical importance.