The Process of Changing the Original Form of Data to a Format

question 72

Multiple Choice

The process of changing the original form of data to a format more suitable for achieving a stated research objective is called _____.

• A) data conversion
• B) reliability assessment
• C) cross-checking
• D) data mining

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Definitions:

Marginal Cost

The cost of producing one additional unit of a good, calculated by the change in total cost that comes from producing one more unit of output.

Increasing Rate

Increasing rate refers to a situation where the growth or rate of any variable, such as price, cost, or production, rises over a period.

Average Fixed Costs

The fixed costs of production (costs that do not change with the level of output) divided by the quantity of output produced.

Earrings

Decorative jewelry pieces worn on the earlobes or other parts of the ear.