MIS Can Be an Important Enabler of Business Success and Innovation

question 192

Multiple Choice

MIS can be an important enabler of business success and innovation. Which of the below statements is accurate when referring to MIS?

• A) MIS equals business success and innovation.
• B) MIS represents business success and innovation.
• C) MIS is not a valuable tool that leverages talent.
• D) MIS is a valuable tool that can leverage the talents of people who know how to use and manage it effectively.

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Definitions:

Interval Estimate

An estimate of a parameter that provides a range of possible values within which the parameter is expected to lie, specified by a confidence level.

Population Parameter

A numerical characteristic that describes an aspect of a population, such as its mean or variance.

Actual Value

The real value observed or measured, as opposed to an estimated or theoretical value.

Sample Mean

is the average value of a subset of observations from a larger population.