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Author Question: Why should consumers be wary of the statistics they hear or read?[br][br][b][color=#566D7E]Question ... (Read 54 times)

tichca

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on: Jun 24, 2018
Why should consumers be wary of the statistics they hear or read?

Question 2

Anton budgeted 10 of his 3,000 salary to entertainment. He must cut expenses and decides to decrease his monthly budget to 8. To the nearest dollar, what is his adjusted budget amount for entertainment?


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peilian

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Almost any viewpoint can be supported by statistics by using those that back up the viewpoint while ignoring those that do not. Statistics are used in this way all the time by organizations to make their claims appear credible. To believe the statistics used by others, you need to know how all the data were collected and analyzed. Then you can determine the truthfulness of the statistics.

Answer to Question 2

240


tichca

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

fatboyy09

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Reply 3 on: Yesterday
Excellent

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