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If an Intended Benefit of an IT Project Is Improved

question 82

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If an intended benefit of an IT project is improved decision making,managers should develop a set of metrics to quantify the value of an improved decision.


Definitions:

Unrepresentative Sample

A sample that does not accurately reflect the demographics or characteristics of the larger population from which it is drawn.

Correlation

A statistical measure that describes the extent to which two variables change together.

Fuel-Efficient Vehicles

Vehicles designed to use less fuel for the same distance traveled compared to average vehicles, reducing operating costs and environmental impact.

Gas Guzzlers

Refers to vehicles that consume fuel inefficiently, often associated with larger, less fuel-efficient cars and trucks.

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