An Electronic Commerce System

question 22

Multiple Choice

An electronic commerce system:

• A)is used to transmit information only upstream.
• B)can improve the speed and quality of business communication.
• C)is used to transmit information only downstream.
• D)links everyone in the supply chain except customers.

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Definitions:

Pearson Coefficient

A measure of the linear correlation between two variables X and Y, giving a value between -1 and 1.

Linear Relationship

A type of association where the change in a variable is consistent with the change in another variable, represented by a straight line on a graph.

Coefficient Of Determination

A measure used in statistical analysis that assesses how well a model explains and predicts future outcomes, typically represented as R-squared.

Sum Of Squares

A measure used in statistical analysis that quantifies the variance within a dataset by summing the squared differences between each data point and the mean.