One of the Important Decisions Managers Have to Make Is

question 78

Multiple Choice

One of the important decisions managers have to make is whether to buy and commit to upgrading their computer equipment every couple of years.What is one way to avoiding having to buy costly upgrades that can quickly become obsolete?

• A) a software infrastructure
• B) application service providers
• C) Web sharing
• D) an Internet warehouse

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Definitions:

Bivariate Data

Data involving two variables that can be analyzed for relationships and patterns between them.

Multivariate Data

Data involving two or more variables or attributes, allowing for analysis of relationships and patterns among these variables.

Population

The entire group of individuals or instances about whom we hope to learn in a statistical analysis.

Sample

A subset of a larger population selected for measurement, observation, or questioning to make inferences about the whole.