The "Single Version of the Truth" Embodied in a Data

question 22

Multiple Choice

The "single version of the truth" embodied in a data warehouse such as Capri Casinos' means all of the following EXCEPT

• A) decision makers get to see the same results to queries.
• B) decision makers have the same data available to support their decisions.
• C) decision makers get to use more dependable data for their decisions.
• D) decision makers have unfettered access to all data in the warehouse.

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Definitions:

Affect Heuristic

The tendency to consult one’s emotions instead of estimating probabilities objectively.

Estimating Probabilities

The process of determining the likelihood of a given outcome or event occurring.

Emotions

Complex psychological states that involve three distinct components: a subjective experience, a physiological response, and a behavioral or expressive response.

Statistical Effectiveness

Describes the extent to which a particular intervention or treatment has been proven to work, based on statistical analysis.