A research firm observes that men are twice as likely as women to hunt. Does this information represent descriptive statistics or inferential statistics? Why?
Inferential; This information would represent inferential statistics, since a sample is used to make generalizations about the population.
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Farmland County Bank offers to lend money to Gino, the owner of Home Hardware Store, at 15 percent interest. Before Gino accepts, a state statute is enacted prohibiting loans at rates greater than 12 percent. Gino and the bank have
a. a contract for a loan at 15 percent interest. b. a contract for a loan at 12 percent interest. c. a contract for a loan at 0 percent interest. d. no contract for a loan.
A major reason for finding alternatives to a lawsuit is that the person you are thinking of suing may be judgment proof
Indicate whether the statement is true or false
Which of the following includes the knowledge, skills, abilities, and other characteristics that an individual must have to perform a job?
A. Job specification B. Job satisfaction C. Job standardization D. Job description E. Job evaluation
The standard normal distribution table provides probabilities for the area between the z-value and the population mean
Indicate whether the statement is true or false