We Have Obtained Access to the Company's Operational Data

question 72

Multiple Choice

We have obtained access to the company's operational data.We examine 50 records for customers with phone numbers that should use the current area code of 345.Of these 50 records,we find 10 that still use an older area code of 567.This is an example of ________.

• A)dirty data
• B)inconsistent data
• C)non-integrated data
• D)a "wrong format" problem

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Definitions:

Linear Forecast

A prediction method that assumes a straight-line relationship between variables over time, typically used to estimate future values based on past data.

All-You-Can-Afford

A budgeting approach where spending on marketing or other business activities is based on what a company can afford rather than strategic planning or revenue projections.

Percentage of Sales Budgeting

A method for setting a marketing budget based on a fixed percentage of the company's sales.

Competitive Parity

A strategy where companies set their advertising budget based on matching the competitor's absolute level of spending or the proportion per market share.