To Gather and Process Data into Information and Distribute It

question 71

True/False

To gather and process data into information and distribute it to people who need it,organizations develop information systems.

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Definitions:

Confidence Interval

A gamut of values, resulting from sample analysis, expected to enfold the value of an undefined population characteristic.

Level of Confidence

The degree to which one can be sure that a particular parameter falls within a specific range, expressed as a percentage.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the true value of an unknown population parameter.