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Because of Legacy Systems and Data Silos That Limit the Value

question 73

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Because of legacy systems and data silos that limit the value that organizations get out of their data,enterprise data are often underutilized.Accenture recommends that companies start treating data like a(n) ________.


Definitions:

Population Mean

The average value of a population's characteristic, calculated by summing all values and dividing by the population size.

Population Proportion

The fraction of a population that possesses a particular attribute or characteristic.

Margin of Error

A measure indicating the level of random sampling error present in the findings of a survey.

Confidence Interval

A set of numbers, coming from the statistics of a sample, which probably includes the value of a parameter from a population that is not known.

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