Systems That Promote Communication and Data Usage Through the Company

question 65

Multiple Choice

Systems that promote communication and data usage through the company or allow it to offer new services to their customers are called ________.

• A) research and development (R&D)
• B) marketing strategies
• C) product engineering
• D) information technology (IT)
• E) forensic technology (FT)

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Definitions:

Predicted Income

An estimate of future income based on variables such as education, occupation, and previous earnings.

Correlation

A statistical measure that expresses the extent to which two variables change together, suggesting a possible relationship between them.

Prediction Error

The difference between an observed value and the value predicted by a model.

Linear Regression

A statistical method for modeling the relationship between a dependent variable and one or more independent variables.