Information Technology Answers

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Why is statistics important?

A
It helps evaluate the similarities and differences of large groups.
B
It determines the slope of a line.
C
It is used to find the total mass and weight of objects.
D
It keeps track of large amounts of money.
3

use statistics to anticipate customer withdrawals.

A
Banks
B
Accountants
C
Stock brokers
D
Financial planners
4

use statistics to calculate probable life expectancy to help them set rates.

A
Insurance companies
B
Banks
C
Financial planners
D
Doctors

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