When Several Independent or Unrelated Pieces of Iuforrnation Taken from a Large

question 60

Multiple Choice

When several independent or unrelated pieces of iuforrnation taken from a large data set poiut to the same conclusion, a manager should be concerned with:

• A)reliability and confidence
• B)accuracy and cost
• C)speed and accuracy
• D)seiziug and freezing
• E)convergence and redundancy

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Definitions:

Performance

The execution or accomplishment of a task, contract, or duty as required or agreed.

Tender

An offer to perform an obligation or to pay an amount specified in a contract.

Full Performance

The complete execution of all terms and obligations specified in a contract or agreement.

Obligation

A duty or commitment one party has to perform or refrain from performing specified actions as per a contract or legal requirement.