An Important Data Preparation Step That Is Often Performed with Data

question 17

Multiple Choice

An important data preparation step that is often performed with data from focus groups and interviews where audio data is changed to text is known as _______________________.

• A) transcription
• B) audio marking
• C) recording
• D) audio analysis

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Definitions:

Shareholders'

Individuals or entities that own one or more shares of stock in a public or private corporation, granting them certain rights such as voting on corporate matters.

Reinvested Profit

Earnings that a company plows back into itself to fund growth, debt repayment, or asset purchases rather than distributing to shareholders as dividends.

Income Statement

A financial statement that shows a company’s revenues and expenses over a specific period, providing insight into its profitability.

Cash Flow

The total amount of money being transferred into and out of a business, especially affecting liquidity.