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Test Bank Business Statistics, 3rd Edition Robert A. Donnelly A+
- From Business, General Business
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1) Statistics is the mathematical science that deals with the collection, analysis, and presentation of data–data that can then be used as a basis for inference and induction.
Answer: TRUE Diff: 1
Keywords: introduction to statistics Objective: 1.1.1
2) Business statistics are statistics applied to the business world in an effort to improve people's decision making in fields such as marketing research, operations, finance, and advertising. Answer: TRUE
Diff: 1
Keywords: introduction to statistics Objective: 1.1.1
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