Placing a Customer's Bills on a Company's Own Web Site

question 28

Multiple Choice

Placing a customer's bills on a company's own Web site and sending an e-mail telling the customer that his or her bill is there is called:

• A) electronic funds transfer
• B) electronic bill presentment
• C) electronic bill payment
• D) electronic document management

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Definitions:

Best Fitting Line

A line that best represents the relationship between variables in a scatter plot, minimizing the distances of the data points from the line.

Covariance

A statistical measure indicating the extent to which two variables change together.

Distribution

The arrangement or pattern of how data points or values are spread out over a range of values.

Distribution

Describes how values are spread or distributed across various levels or intervals in a dataset.