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erik [133]
3 years ago
7

Explain the limitations of statistics

Business
1 answer:
Tema [17]3 years ago
6 0
Statistics deal with groups and aggregates only. (2) Statistical methods are best applicable to quantitative data. (3) Statistics cannot be applied to heterogeneous data. (4) If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.
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A firm will experience a loss when its revenue is less than its expenses
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The answer for this question is True
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3 years ago
How do short term goals differ from being long term goals
Alekssandra [29.7K]

Answer:

Explanation:

Short term goals are goals that are set for a short period of time. For instance, a goal to get your homework done. Long term goals are goals that are set for a long period of time. For instance, staying healthy and happy. Hope this helped ya! :)

7 0
3 years ago
Trevor's boss told him that he would now also be responsible for answering the phones and filing correspondence in addition to t
konstantin123 [22]

The responsibility for answering the phones and filing correspondence in addition to the tasks is an example of extension.

<h3>What is an extension?</h3>
  • An extension refers to doing an even wider range of tasks in addition to the tasks assigned.
  • Task switching is a sort of multitasking that involves switching between several abilities, tasks, or cognitive sets.
  • Multitasking is the practice of dividing one's attention among several skills, tasks, or cognitive sets.
  • The process of working as an extension involves interspersing and overlapping the execution of various programs. This is frequently accomplished by taking advantage of the discrepancy between a computer's quick processing power and its slower input/output devices.
  • If necessary, put off other chores so that one may focus entirely on the important ones when working as an extension.
  • In order to do the assignment on time, one may need to make wise choices, such as calling off a meeting. A good leader may change with the times and deviate from the norm to deal with the problems at hand.

To learn more about Multitasking refer to:

brainly.com/question/15503594

#SPJ4

7 0
2 years ago
Favourite drink?<br><br> pepsi<br><br> cola<br><br> lemonade<br><br> other? comment
frutty [35]

my favorite is strawberry lemonade


8 0
3 years ago
Read 2 more answers
Complete the sentence.
valentina_108 [34]

Answer:

Imagine that you have won $100 in the state lottery. You have a choice between spending the money on shopping now or putting it away in a

savings account for one year. You decide to spend the money now on shopping. Thus, you will lose the interest that you could have earned by

saving the money. The lost interest is the <u><em> opportunity cost</em></u> cost of spending money now.

Explanation:

The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has two options:

1. Spending the money  

2. Save the money

Once the money is spending the opportunity costs is generated and it is measure by the interest rate lost for not keeping the money in a savings account that will generate an interest rate known as APY Annual Percentage Yield.  

5 0
3 years ago
Read 2 more answers
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