Information Can Be Defined As

question 17

Multiple Choice

Information can be defined as:

• A)data presented in a meaningful context.
• B)knowledge derived from data.
• C)data processed by summing,ordering,averaging,grouping,comparing or other similar operations.
• D)A and B
• E)A,B,and C

---

Definitions:

Prototype Testing

The process of evaluating the preliminary version of a product under conditions that simulate real-world use, to identify improvements before mass production.

Conjoint Analysis

A statistical technique in market research to determine how consumers value different attributes that make up a product or service.

Utility

The total satisfaction received from consuming a good or service, often used in economics to explain choices made by individuals.