There Are Three Design Strategies: 1) Developing a Custom Application

question 6

True/False

There are three design strategies: 1) developing a custom application in-house, 2) hiring a consultant, and 3) relying on an external vendor, developer, or service provider to build the system.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in the dataset deviate from the mean.

Extreme Scores

Values in a data set that are significantly higher or lower than the majority of the data, potentially acting as outliers.

Variability

Indicates the extent to which data points in a data set differ from the mean or each other.

Variance

A statistical measurement of the spread between numbers in a data set, representing how much the numbers differ from the average of the numbers.