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Data Used in Business Analytics Need to Be Reliable and Valid

question 52

Essay

Data used in business analytics need to be reliable and valid. Explain.


Definitions:

Probability

A scale of 0 to 1 used to express the probability that an event will take place.

Chosen Field

The area of study or professional sector a person has selected to pursue or specialize in.

Probability

The indication of how likely an event is to happen, conveyed through a numerical value between 0 and 1.

Refuse to Cooperate

The act of not agreeing to work with others in a task or to comply with a request.

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