independent Activity 1 Observe the following statements indicating the usage of statistical techniques in analyzing data. Write TRUE if the statement is correct; FALSE if it is not. Write your answer on a separate sheet of paper. 1. Hypothesis tests are used in everything from science and research to business and economic 2. The mean line also designates whether those relationships are strong or weak. 3. The trick in regression is to determine the right size for a sample to be accurate. 4. The mean is useful in determining the overall trend of a data set. 5. A high standard deviation signifies that data is spread more widely from the mean, where a low standard deviation signals that more data align with the mean.
