Assume That for a Data Field, Only the Codes 1

question 9

Multiple Choice

Assume that for a data field, only the codes 1 or 2 should appear. If a researcher mistakenly inputs any other number (say, 3) , an error message is immediately displayed on the screen. This indicates that the software being used for data entry probably has a(n) :

• A)data input detection system.
• B)input error capture mechanism.
• C)error edit routine.
• D)catch-error template.
• E)outlier detection routine.

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Definitions:

Total Cost

The sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.

Relevant Costs

Costs directly related to a specific decision, which will change as a result of that decision.

Average Cost

The total cost of production divided by the number of goods produced, representing the cost per unit of output.

Marginal Cost

The financial outlay for creating one further unit of a good or service.