What an Outlier

question 19

Multiple Choice

What an outlier?

• A)Processes and manages algorithms across many machines in a computing environment.
• B)A data value that is numerically distant from most of the other data points in a set of data.
• C)Occurs when the user goes into an emotional state of over-analysis (or over-thinking)a situation so that a decision or action is never taken, in effect paralyzing the outcome.
• D)The application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value.

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Definitions:

Rent Expense

The cost incurred from leasing property or equipment for business operations, recognized on the income statement.

Fees Earned

Income received from providing services.

Wages Expense

The total cost incurred by a business for the payment of wages to employees for a specific period.

Proprietorship

A proprietorship, also known as a sole proprietorship, is a type of business that is owned and run by one individual and where there is no legal distinction between the owner and the business entity.