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Instructions: Please Define the Following Key Terms

question 27

Essay

Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Senate


Definitions:

Information Sources

Various means through which data and information can be obtained, including books, journals, online databases, and interviews.

Sales Forecast

An estimate of the quantity of goods or services that a company expects to sell in a future period, based on historical data, market trends, and other factors.

Service Estimate

An approximation of the total cost for performing a particular service, often provided to customers before any work begins.

Secondary Data

Refers to information that has been collected previously by someone else for a different purpose, which can be used for a new research study or analysis without conducting new observations or experiments.

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