__________Software Is Developed for the Widest Common Denominator of Potential

question 40

Multiple Choice

__________software is developed for the widest common denominator of potential user organizations.

• A)Commissioned
• B)Outsourced
• C)In-house developed
• D)Ready-made

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Definitions:

Possible

That which can be done or achieved; within the limits of ability, capacity, or realization.

Standard Error

A measure of the dispersion or variation of sample means around the population mean.

Sample Correlation

A statistical measure that indicates the degree to which two variables change together, based on a sample of data, showing whether the relationship is positive, negative, or nonexistent.

Bootstrap

A statistical method involving resampling with replacement to estimate properties or accuracy of a model.