Companies frequently use charts and graphs in their regular communications with stockholders and investors; this shows the use of descriptive statistics

The liability coverage of the HO policy commits the insurer to defend lawsuits brought against the homeowner, even if the lawsuits are frivolous and groundless

Indicate whether the statement is true or false

A country's balance of trade is the total value of its imports less the total value of its exports

Indicate whether the statement is true or false.