Final answer:
The statement is false; information about lifestyles and attitudes is known as psychographics, not demographics. Demographics entail statistical data on population categories like age and gender, whereas psychographics deal with attitudes and motivations.
Step-by-step explanation:
Information that focuses on lifestyles, mode of living, needs, motives, attitudes, and so on, is actually referred to as psychographics, not demographic information. The statement is false. Demographics refer to the statistical data concerning a population and its categories such as age, gender, education, religion, race, and economic status. These are commonly collected by governments through censuses and vital statistics registries to help understand and manage populations. Demography, which is the statistical study of human populations, focuses on understanding the characteristics of populations over time through metrics like birth rates, death rates, and life expectancies. It helps in analysing population dynamics and is influenced by factors such as population size, density, sex ratio, and age structure. This field is essential for policy making, economics, public health, and marketing, among other areas.