When We Consider Data in the Data Warehouse to Be

question 148

Multiple Choice

When we consider data in the data warehouse to be time variant, we mean:

• A) that the time of storage varies.
• B) data in the warehouse contain a time dimension so that they may be used to study trends and changes.
• C) that there is a time delay between when data are posted and when we report on the data.
• D) that time is relative.

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Definitions:

First-move Ability

The advantage or strategic benefit gained by being the first to act or move in a given situation, often discussed within the context of game theory and competitive scenarios.

Optimal Output

The level of production where a firm maximizes its profits or minimizes its losses.

Differentiated Products

Products that are distinguished from others through variations in quality, features, design, branding, or customer service.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.