Business Stats Chapter 1.docVIP

Chapter 1 What is Statistics? True/False Questions T F 1. A population is a collection of all individuals, objects, or measurements of interest. Answer: True Difficulty: Easy Goal: 2 T F 2. A sample is a portion or part of the population of interest. Answer: True Difficulty: Easy Goal: 2 T F 3. To infer something about a population, we usually take a sample from the population. Answer: True Difficulty: Easy Goal: 2 T F 4. The techniques used to find out something about a population, such as their average weight, based on a sample are referred to