Some Business Analytics Involve Starting with Many Variables,followed by Filtering

question 57

True/False

Some business analytics involve starting with many variables,followed by filtering the data by exploring specific combinations of categorical values or numerical range.

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Definitions:

Construct Validity

The extent to which a test measures what it claims to be measuring, ensuring the theoretical constructs are accurately reflected in the testing process.

Low Reliability

A property of measurement indicating inconsistency or lack of uniformity in the results obtained.

Reliability Estimates

Measurements or calculations used to assess the consistency of results produced by a test, survey, or measurement tool over time.

Mental Ability

Refers to cognitive capabilities, including learning, reasoning, problem-solving, and decision-making.