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.

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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.

votaren10 · Accepted Answer

The following statement is not true:&amp;nbsp;The majority of businesses rely on a sizable staff of knowledgeable statisticians for daily business data analysis.&amp;nbsp;Explanation:&amp;nbsp;We are aware that most businesses rely on a small team of highly skilled statisticians to analyze business data on a daily basis. We know that there are lot of advance statistical softwares are available. So due to technological enhancement of statistical&amp;nbsp;analysis, most firms needs a small staff of expert statisticians Other remaining statements are true Statements. The sample statistic is known to be a function of the sample observations.&amp;nbsp;Statistics is the branch of science which deals with the data collection, organization, analysis, interpretation, and presentation of the data. Additionally, although we are aware that some statistical tests may be significant, their practical significance is not known.

Which of the following statements is not true? Multiple Choice A statistic is a single measu

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