Which of the Following Provides an Example of Data

question 120

Multiple Choice

Which of the following provides an example of data?

• A)Who are my best customers?
• B)What is my best-selling product?
• C)What is my worst-selling product?
• D)Who is customer number 12345XX?

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Definitions:

Disability Insurance

A type of insurance that provides financial benefits to individuals who are unable to work because of a disabling illness or injury.

Expected Value

In statistics and probability theory, the average result of a random variable, computed as the weighted average of all possible values.

Expected Utility

A theory in economics that assesses options under uncertainty, predicting choices that maximize utility based on expected outcomes.

Marginal Utility

The added satisfaction that a consumer gains from consuming one more unit of a good or service.