What Is Analysis Latency

question 32

Multiple Choice

What is analysis latency?

• A) The time duration to make data ready for analysis and loading the data into the database
• B) The time from which data are made available to the time when analysis is complete
• C) The time it takes a human to comprehend the analytic result and determine an appropriate action
• D) None of these

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Definitions:

Revise Plans

The process of reviewing and updating strategic, operational, or project plans based on new information or changes in circumstances.

Lean Business Model

A strategic approach to running a company that emphasizes creating more value for customers with fewer resources.

Elimination Of Waste

The process of identifying and removing unnecessary processes, materials, and activities to improve efficiency.

Positive Return

A positive return occurs when an investment generates a profit, indicating that the final value is greater than the initial investment amount.