____ Bias is caused by random variation

Indicate whether the statement is true or false

False

Business

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A recent report stated "Based on a sample of 130 truck drivers, there is evidence to indicate that, on average, independent truck drivers earn more than company-hired truck drivers." Does this statement describe descriptive or inferential statistics?

A) Inferential statistics B) Descriptive statistics

Business

Accounting methods for internal reporting purposes are specified by Generally Accepted Accounting Principles (GAAP)

Indicate whether this statement is true or false.

Business