Data analysis involves creating new ways of modeling and understanding the unknown by using raw data.
Working with data to extract relevant information that may be used to guide decisions is known as data analysis.
What is data analysis?
- Data analysis tools are software and programmers that gather and analyze data about a company, its clients, and its competitors in order to streamline operations and help decipher patterns so that decisions may be made using the data.
- The process of inspecting, purifying, manipulating, and modelling data in order to find relevant information, support inferences, and help decision-making.
- Data analysis is utilized in several fields of business, science, and social science and has many dimensions and methodologies.
- It includes various techniques and goes by many different names. Data analysis contributes to more scientific decision-making and more efficient business operations in the modern business world.
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It does not produce all the essential goods its people need would be the correct statement.
<h3>What is a specialization economy?</h3>
Specialization economy is the economy, which focus only on one task rather on focusing so many tasks in a single time.
It is one of the most efficient economy, because it consumes very less money and time in the manufacturing of the goods.
The specialization economy may also benefits in the international trade.
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Answer:
(D) In organizations where employees expect clear directions.
Explanation:
Authoritarianism is coined from the word "authority". Authoritarianism is a system of ruling whereby the leader (Authoritative person or Dictator) gives all orders and doesn't expect to be questioned or argued with.
In organizations where employees expect clear directions, people who are high on authoritarianism will not do well, since they could switch orders indefinitely and expect no one to argue with them.
An authoritative boss could say that members of a department should submit their files to his desk by 3pm and then change his mind an hour to the deadline and send a new instruction that those employees should gather for a meeting (without their files) by 3pm.
Such confusion will impede the smooth running of day-to-day activities in that organization; especially as no one challenges the leader.
Answer:
-0.11% per year
Explanation:
Here, we want to calculate real interest rate.
Firstly, we calculate the inflation rate
mathematically the inflation rate = (cpi at the end of year - cpi at the beginning of year)/cpi at the beginning of year * 100%
Inflation rate = (232-225)/225 * 100% = 3.11%
we now proceed to calculate the real interest rate
mathematically, real interest rate = Nominal interest rate - inflation rate
from the question, nominal interest rate = 3%
real interest rate = 3% - 3.11% = -0.11%
This means that the real interest rate earned by sally is -0.11% per year
Answer:
person's driver's license number
Explanation:
A single valued attribute means that a person or a thing can only have a single value for that attribute, for example, you can have only one social security number since having more than one is illegal.
Following the same logic, you could only have one driver's license number, since you can only have one license.
But you can have more than one cellphone, you can also have more than one car, and finally you may have attended more than one college.
