Final answer:
Installing a TPM chip on a system board enhances data security by encrypting data for security purposes.
Step-by-step explanation:
When installing a TPM chip on a system board, one of the following statements about the TPM that is true is that it encrypts data for security purposes. The TPM, or Trusted Platform Module, is a hardware chip that provides security-related functions, such as encryption and secure storage of keys and passwords. It is designed to enhance the security of a system by protecting sensitive information from unauthorized access.