ECO154 Tma Solutions

ECO154

Question: A statistical — is an investigation carried out to collect statistical data which may be analyzed and presented in the form that will aid effective decision making
Answer: inquiry

Question: The collection may be done in either ways
Answer: 2

Question: The Standard English Dictionary defines as facts and figures from which conclusions can be drawn
Answer: data

Question: A has a ready appeal to the eye and are therefore they are helpful in convey the significance of the data quickly
Answer: Chart

Question: The‭ ‬statistics utilizes sample data to make estimations, predictions or other generalization about a larger set of data
Answer: Inferential

Question: A is perhaps the most widely acceptable way of representing data
Answer: Table

Question: Personal interview is sometimes called‭ ‬
Answer: Survey

Question: The class mark is the the class interval
Answer: Class size

Question: The process of statistics can be categorised into stages
Answer: 4

Question: Basically, the component of statistical process that deals with the organisation and summarization of information is referred to as — Statistic.
Answer: Descriptive

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