In the Context of Information Systems, Which of the Following

question 70

Multiple Choice

In the context of information systems, which of the following statements is True of data characteristics?

• A) Data generated should be in excess of what is required.
• B) An appropriate relationship should exist between the cost of data and its value.
• C) Data should be relevant to the context, not necessarily to the subject.
• D) Freely available data is always accurate and timely.

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Definitions:

Quiz Score

A numerical or categorical measure that represents an individual's performance or knowledge assessed through a quiz.

Confidence Interval

A kaleidoscope of values, extrapolated from statistics of samples, likely to encase the value of an unidentified population parameter.

Margin of Error

An expression of the amount of random sampling error in a survey's results, indicating the range of possible true values.

Confidence Level

In statistics, it represents the degree of certainty or probability that a parameter lies within a specified range.