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Match the pair:

1. Collection of dataA. Business Statistic
2. Aggregate of factsB. No Statistics
3. Analysis of time seriesC. Statistics
4. One single dataD. Statistical method

  • A.1 (B), 2(A), 3(D), 4(C)
  • B.1 (A), 2(C), 3(D), 4(B)
  • C.1 (D), 2(B), 3(C), 4(A)
  • D.1 (D), 2(C), 3(A), 4(B)

Answer: D

Statistics as a method, the tools of analysis, is the statistical method, so collection of data goes with D. The word statistics (the plural) as aggregates of facts goes with C. Analysis of a time series is a case of business statistics, A, and a single datum is not statistics, B. So 1 (D), 2 (C), 3 (A), 4 (B), option D.

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