What Are the Two Requirements for Evaluating the Accuracy of a Set

question 19

Multiple Choice

What are the two requirements for evaluating the accuracy of a set of observations

• A) the data must be observed values, and it must be possible to measure these events directly
• B) the data must represent physical events, and it must be possible to measure these events directly
• C) the data must represent physical events, and they must be true values
• D) the data must be true values, and they must be able to be measured using direct assessments

---

Definitions:

First Movers

Companies that gain a competitive advantage by being the first to market with a new product or service, establishing brand recognition and customer loyalty.

Product Development

The process of bringing a new product to market, involving concept generation, design, development, and commercialization stages.

Maturity Stage

The phase in a product's lifecycle where growth stabilizes, and the product is established in the market.

Personal Computers

Personal computers are electronic devices designed for individual use, typically for tasks such as browsing the internet, running software, or gaming.