Despite the Growth of Social Data,images and Web Documents,modern IT

question 93

True/False

Despite the growth of social data,images and web documents,modern IT professionals must continue to place primary emphasis on management of structured,high quality data.

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Definitions:

Distribution System

A distribution system is the network through which a company delivers its products or services to the end consumers.

Law of Small Numbers

A cognitive bias that leads individuals to draw broad conclusions from small data sets or a limited number of observations.

Representativeness Heuristic

A cognitive shortcut that involves judging the likelihood of an event by comparing it to an existing prototype that comes to mind, often leading to errors in decision making.

Availability Bias

A cognitive bias where individuals overestimate the importance of information readily available to them.