The Purpose of a Data Warehouse Is to Store Old

question 32

True/False

The purpose of a data warehouse is to store old information that is no longer needed on a regular basis,but that might be needed for legal or historical reasons.

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Definitions:

Budget Constraint

The limits imposed on household choices by income, prices, and taxes, defining the combination of goods and services they can afford.

Income

Proceeds obtained, often periodically, from labor or investment returns.

Utility

A measure of satisfaction or happiness that consumers derive from the consumption of goods and services.

Perfect Substitutes

Two goods that could be used in place of each other with no loss of utility to the consumer.