The Retrieval of Summarized Data to Support Long-Range Decisions Is

question 19

True/False

The retrieval of summarized data to support long-range decisions is a dominant feature of data warehousing,whereas a mixture of updating and retrieving data is characteristic of databases that support the day to day operations of an organization.

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Definitions:

Rapid Growth

Rapid Growth refers to a significant and faster-than-average increase in the size, revenue, or market share of a company or economy.

Economy

The large system that encompasses all production, exchange, distribution, and consumption of goods and services within a certain area. It involves activities and interactions among individuals, businesses, and governments.

Minimum-Variance Portfolio

A portfolio constructed to achieve the lowest possible risk (variance) for a given level of expected return, optimizing the risk-return tradeoff.

Expected Return

A financial term referring to the average amount of profit or loss an investment is predicted to generate based on historical data.