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

question 24

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.In Excel,this approach is mimicked by using a slicer.

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Definitions:

Alternatives

Different options or choices available in a given situation, often considered when making decisions.

Reducing Cost

Measures taken to decrease the costs associated with the production or delivery of goods and services.

Modernization

The process of adopting the latest technology, organizational practices, or societal norms, aiming at improving efficiency and effectiveness.

Declining Death Rates

A decrease in the number of deaths over a particular period of time, often leading to population growth.