Edwin, a Sales Manager, Just Finished Reading Some Sales Statistics

question 173

Multiple Choice

Edwin, a sales manager, just finished reading some sales statistics comparing his company's performance to that of competitors. The statistics summarize a mass of raw figures into a few meaningful measures that Edwin will use to determine whether he needs to change his sales strategy. The statistics in the printout are

• A) information, while the raw figures used to compute the statistics are data.
• B) data, while the raw figures used to compute the statistics are information.
• C) less useful to Edwin than the raw figures would have been, since summarizing the figures necessarily reduces their accuracy.
• D) an example of how managers have a tendency to oversimplify by reducing complex issues into a few simple numbers.

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Definitions:

Confined Liquid

A fluid that is trapped or contained within a specific space or system, often under pressure.

Pascal

A unit of pressure in the International System of Units (SI), defined as one newton per square meter.

Hydraulic Circuits

Networks designed to use hydraulic fluid to transmit energy from one component to another within a hydraulic system.