Question

Question 3 (1 point)

Answer 1

Statistics refers to the collection and analysis of data. The data analyzed can be numerical or qualitative. An example of a statistic used in the text is;

• Professional services firm Ernst & Young conducted an internal study of its employees and found that  for each additional 10 hours of vacation time employees took, their year-end performance ratings  improved 8 percent.

Statistics involves all the processes used in collecting, analyzing, reviewing, and drawing conclusions with data.

In the above example, statistics was applied when the organization performed a study where numerical data that involved time was collected and analyzed.  

Therefore, option D is a good example of statistics.

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