Which of the following statements about business statistics is not true?
A)Virtually every area of business uses statistics in decision making.
B)Presenting business statistics always requires the use of a specific graph called a bar chart.
C)There is a wide variety of uses and applications of statistics in business.
D)Business statistics can be used to forecast future values and predict trends.

Question

Quizplus · Accepted Answer

Presenting business statistics does not always require the use of a specific graph like a bar chart. Various types of graphs and charts, such as pie charts, line graphs, and scatter plots, can be used depending on the data and the information that needs to be conveyed.

Which of the Following Statements About Business Statistics Is Not