One Example of a Simple Information System That Business People

question 10

Multiple Choice

One example of a simple information system that business people use would be

• A) instant messaging.
• B) a hard drive.
• C) a cell phone.
• D) a keyboard.
• E) a wireless mouse.

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Definitions:

Bootstrap Method

A method for estimating population statistics by repeatedly sampling from a dataset with replacement.

Resamples

The act of taking repeated samples from the same dataset, typically used in bootstrapping or permutation tests to generate a sampling distribution.

Standard Deviation

This metric calculates the dispersion of a dataset relative to its mean, demonstrating how spread out the numbers are.

Histogram

A graphical representation of data that groups numbers into ranges, showing the frequency of data within each range via bars.