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Basic Question 30 of 30
Descriptive statistics ______.
II. make probabilistic statements about returns
III. is most useful in the case of skewed distributions
I. is the study of how data can be summarized effectively to describe the important aspects of large data sets
II. make probabilistic statements about returns
III. is most useful in the case of skewed distributions
User Contributed Comments 3
| User | Comment |
|---|---|
| Bibhu | Descriptive statistics does say nothing about probabilities of data. |
| loisliu88 | what is most useful in the case of skewed distributions. |
| poomie83 | Inferential statistics - all the way baby!! |
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
compare and contrast simple random, stratified random, cluster, convenience, and judgmental sampling and their implications for sampling error in an investment problem
CFA® 2024 Level I Curriculum, Volume 1, Module 7.