Data _____ Tools Are Tools That Provide Advanced Statistical Analysis

question 12

Short Answer

Data _____ tools are tools that provide advanced statistical analysis to uncover problems and opportunities hidden within business data.

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Definitions:

Externality Effect

The impact of one person's actions on the well-being of a bystander, which may be positive or negative and not reflected in market prices.

Network Externality

Situation in which each individual’s demand depends on the purchases of other individuals.

Emphysema

A chronic respiratory disease characterized by the destruction of air sacs in the lungs, leading to breathing difficulties and reduced oxygen exchange.

Blood Ph

A measure of the hydrogen ion concentration in the blood, reflecting its acidity or alkalinity, vital for maintaining homeostasis in the body.