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Basic Question 0 of 17
Which statement is false regarding statistical modelling and machine learning?
B. They have different assumptions and techniques when analyzing underlying observations. Statistics draws population inferences from a sample, and machine learning finds generalizable predictive patterns.
C. Statistical modelling is a better model when dealing with high dimensionality, while machine learning is a better one with a high degree of non-linearity.
A. They both share the same goal: learning from data.
B. They have different assumptions and techniques when analyzing underlying observations. Statistics draws population inferences from a sample, and machine learning finds generalizable predictive patterns.
C. Statistical modelling is a better model when dealing with high dimensionality, while machine learning is a better one with a high degree of non-linearity.
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.

Edward Liu
Learning Outcome Statements
explain supply and demand relationships under oligopoly, including the optimal price and output for firms as well as pricing strategy
CFA® 2025 Level I Curriculum, Volume 1, Module 1.