Question

Which of the following is the most accurate statement about statistics?

a) We can absolutely be 100% certain in accurately generalizing the characteristics of entire population based on the sample data

b) By analyzing data, we may be able to identify connections and relationships in our data

c) We can explore in the midst of variation to better understand our data

d) limited data or experience likely generates less confidence

e) Non of the above

Answer 1

b) By analyzing data, we may be able to identify connections and relationships in our data.

Explanation:

• In statistics decisions are based on probability sampling distributions. As statics is collection and analysis of data along with its interpretation and presentation.