Budgets are used for planning, control, organising and which other important role? Select one: a. Reprimand b. Nice to know information c. Discipline d. Motivation Question 2 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text True or false: Inferential statistics is concerned with making interpretations and predictions on a whole population based on information collected from a sample of the total population. Select one: True False Question 3 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text True or false: Descriptive statistics is concerned with presenting the characteristics of large masses of data in a convenient, easy to interpret manner. Select one: True False Question 4 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text True or false: Qualitative forecasting techniques are commonly used when historical data is not available. Qualitative forecasts are subjective and judgemental. Select one: True False Question 5 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text A secular trend identifies: Select one: a. the underlying trend b. a secondary regression analysis of data. c. a sectional analysis of the data d. the definite immediate or short term direction within a section of