Data That Indicate How Much or How Many Are Known

question 63

Multiple Choice

Data that indicate how much or how many are known as

• A)categorical data
• B)quantitative data
• C)label data
• D)category data

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Definitions:

Value Creation

The process through which businesses or organizations produce goods or services that are worth more than the cost of resources used, ultimately benefiting customers, stakeholders, or society.

Value Chain Management

The strategic analysis and optimization of the series of steps that a company takes to deliver a product or service to the market.

PERT

Project Evaluation and Review Technique, a planning and control tool for managing complex projects.

Continuous Analysis

The ongoing assessment and examination of data or processes to inform decision-making and improve outcomes.