What Is the Time from Which the Analytical Information Is

question 16

Multiple Choice

What is the time from which the analytical information is made available to the time when analysis is complete?

• A) Data latency
• B) Analysis latency
• C) Decision latency
• D) None of the above

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Definitions:

Utility

In economics, the total satisfaction received from consuming a good or service.

Entrepreneur

An individual who starts, organizes, manages, and assumes the risks of a business or enterprise, often innovating and creating new products, services, or business models.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to buy at different price levels, over a specific time period.

Economic Resource

An asset used to produce goods and services that can provide economic benefit.