Final answer:
The statement regarding the method of loci is false; it is a mnemonic technique based on spatial memory, not on number-word rhymes, which are a different mnemonic strategy.
Step-by-step explanation:
The method of loci is a mnemonic device that involves visualizing a familiar space and associating elements of that space with information to be remembered. This technique is based on our spatial memory and is often used to memorize sequences of information or concepts by placing them along a mental walk through a spatial location. However, the method of loci does not typically involve number-word rhymes. Instead, number-word rhymes are another mnemonic device where numbers are associated with words that rhyme or have some phonetic similarity to aid in memory. While both are mnemonic devices aimed at improving memory retention, they use different strategies to do so. Therefore, the statement "The method of loci creates associations between number-word rhymes" is false.