The Main Danger in Selecting Out a Sub-Set of Data

question 34

Multiple Choice

The main danger in selecting out a sub-set of data from a large data set is:

• A)That the large data set will be destroyed.
• B)That data will be lost.
• C)That it may be illegal.
• D)That the data selected may be rendered invalid in some way.

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Definitions:

Amortized

The process of gradually writing off the initial cost of an asset over a period.

Interest Paid

This is the amount of money paid by a borrower to a lender in return for the use of borrowed money, usually expressed as a percentage of the principal.

Effective Rate

The actual interest rate an investor earns or pays on an investment or loan, taking into account the effect of compounding.

Nominal Rate

Nominal Rate is the interest rate before adjustments for inflation, reflecting the actual monetary cost of borrowing.