A Data Set That Has So Many Variables That Simultaneous

question 35

Multiple Choice

A data set that has so many variables that simultaneous consideration of all variables is infeasible is which of the following?

• A) Wide data
• B) Strong data
• C) Tall data
• D) Huge data

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Definitions:

Innate Sense

An inherent or natural ability, perception, or understanding.

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his theory of the benefits of a free market economy.

Public Good

A service or product offered for free to every member of a society, made available by either governmental entities or private organizations without aiming for financial gain.

Economic Functions

The roles and operations performed by an economic system, such as allocation of resources, distribution of income, and stabilization of the economy.