Business Intelligence Refers to All the Information Available to Managers

question 21

True/False

Business intelligence refers to all the information available to managers from many sources beyond the organization's own information systems.

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Definitions:

Cumulative Frequency

The sum of the frequencies of all values that are less than or equal to a certain value, often used in statistical analysis to determine the number of observations below a specific value.

Relative Frequency

Relative frequency is the proportion or ratio of the number of times a value occurs in a dataset to the total number of observations.

Examination Scores

Quantitative measures that represent an individual's level of performance or achievement on a standardized test or examination.

Frequency Distribution

A summary of how often different values occur within a data set, usually presented in table or graph form.