Data Generated by Business Apps,sensors,and Transaction Processing Systems (TPS)are Typically

question 83

True/False

Data generated by business apps,sensors,and transaction processing systems (TPS)are typically stored first in a database.

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Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample, reflecting how the statistic varies from sample to sample.

Standard Error

An estimate of the standard deviation of the sampling distribution of a statistic, especially of the mean.

Probability

The chance or likelihood that a particular event will occur, quantified as a number between 0 (impossible) and 1 (certain).

Class Pass Rate

The percentage of students who pass a course out of the total number of students enrolled in that course.