Which of the Following Best Describes the Data Analytics Skill

question 6

Multiple Choice

Which of the following best describes the data analytics skill of data scrubbing and data preparation?

• A) recognize what is meant by data quality, be it completeness, reliability or validity
• B) perform basic analysis to understand the quality of the underlying data and its ability to address the business question
• C) demonstrate ability to sort, rearrange, merge and reconfigure data in a manner that allows enhanced analysis
• D) comprehend the process needed to clean and prepare the data before analysis

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Definitions:

Business Investment Expenditures

Business investment expenditures refer to the outlays by companies on capital goods, including machinery, equipment, and buildings, aiming to enhance their production or operations.

Consumer Durable Expenditures

Spending on goods that are expected to last for more than three years, such as appliances, vehicles, and furniture.

Corporate Tax Rate

The percentage of a corporation's profits that is paid as tax to the government.

Fixed Costs

Costs that do not change with the level of output or sales, such as rent or salaries.