QNT/351 Final Exam1) The main purpose of descriptive statistics istoA. summarize

QNT/351 Final Exam1) The main purpose of descriptive statistics istoA. summarize data in a useful and informativemannerB. make inferences about a populationC. determine if the data adequately represents the populationD. gather or collect data2) The general process of gathering organizingsummarizing analyzing and interpreting data iscalledA. statisticsB. descriptive statisticsC. inferential statisticsD. levels of measurement3) The performance of personal and business investments ismeasured as a percentage return on investment. What type ofvariable is return on investment?A. QualitativeB. ContinuousC. AttributeD. Discrete