MIS Can Be an Important Enabler of Business Success and Innovation

question 192

Multiple Choice

MIS can be an important enabler of business success and innovation. Which of the below statements is accurate when referring to MIS?

• A) MIS equals business success and innovation.
• B) MIS represents business success and innovation.
• C) MIS is not a valuable tool that leverages talent.
• D) MIS is a valuable tool that can leverage the talents of people who know how to use and manage it effectively.

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Definitions:

Parameter

A numerical characteristic of a population, such as a population mean m, a population standard deviation s, a population proportion p, and so on.

Adjusted Multiple Coefficient

A measure in statistics used to determine the goodness of fit of a model, adjusted for the number of predictors in the model.

SSE

Sum of Squared Errors, a measure used in statistical data analysis to represent the discrepancy between the data and an estimation model.

Coefficient

A numerical or constant quantity placed before and multiplying the variable in an algebraic expression (e.g., the 4 in 4x).