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Questions and Answers
Which field relies heavily on statistical models to assess risk, manage investments, and develop pricing strategies?
Which field relies heavily on statistical models to assess risk, manage investments, and develop pricing strategies?
- Public Health
- Data Science and Machine Learning
- Market Research and Business
- Finance and Economics (correct)
Which industry uses statistical quality control techniques to monitor and improve product quality, identify defects, and ensure consistency in production?
Which industry uses statistical quality control techniques to monitor and improve product quality, identify defects, and ensure consistency in production?
- Market Research and Business
- Finance and Economics
- Quality Control and Manufacturing (correct)
- Public Health
Which social science field extensively uses statistics to collect and analyze survey data, conduct experiments, and draw conclusions about human behavior, attitudes, and social phenomena?
Which social science field extensively uses statistics to collect and analyze survey data, conduct experiments, and draw conclusions about human behavior, attitudes, and social phenomena?
- Political Science
- Sociology (correct)
- Psychology
- Anthropology
