Which of the following statements is not true?

Multiple Choice

A statistic is a single measure (usually numerical) that is calculated from a sample.

For day-to-day business data analysis, most firms rely on a large staff of expert statisticians.

A statistical test may be significant yet have no practical importance.

Statistics is the science of collecting, organizing, analyzing, interpreting, and presenting data.

Multiple Choice

A statistic is a single measure (usually numerical) that is calculated from a sample.

For day-to-day business data analysis, most firms rely on a large staff of expert statisticians.

A statistical test may be significant yet have no practical importance.

Statistics is the science of collecting, organizing, analyzing, interpreting, and presenting data.