What Is Meant by the Concept, Standardizing the Data? Explain

question 40

Essay

What is meant by the concept, standardizing the data? Explain why a decision maker may wish to compute a standardized value.

---

Definitions:

Webcast

A media presentation distributed over the Internet using streaming technology to distribute a single content source to many simultaneous viewers or listeners.

Intranet

A private network accessible only to an organization's staff, often used to share information, operational systems, or services within the company.

Accept Blame

Accepting accountability for an error or shortfall.

Apologize

To express regret or sorrow for having done wrong or caused inconvenience to someone, often as a way of seeking forgiveness.