Which of the Following Is the Least Critical Aspect of Good

question 80

Multiple Choice

Which of the following is the least critical aspect of good information?

• A)data accuracy
• B)timeliness of data
• C)additional data
• D)relevance of data

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Definitions:

Utility Function

A mathematical model in economics that represents a consumer's preference ordering over a set of goods or services.

Utility Function

A mathematical representation of how consumers rank different bundles or combinations of goods and services according to the level of satisfaction or utility those combinations provide.

Paasche Price Index

An economic measure that calculates the change in the cost of acquiring a given basket of goods and services in the current period compared to a base period, using the current period quantities as weights.

Doggerel

A term used to describe poetry that is irregular in rhythm, rhyme, or is of a trivial or low quality.