"Big Data" and Data Analytics Assure Decisions Are Objectively-Based Since

question 5

True/False

"Big Data" and data analytics assure decisions are objectively-based since so much data are used.

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Definitions:

Interest Rate

The cost of borrowing money, expressed as a percentage of the total amount loaned, paid by borrowers to lenders.

Present Value

The contemporary valuation of an anticipated sum of money or cash flow sequence, based on a given return rate.

Interest Rate

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.