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ArbitrLikvidat [17]
3 years ago
11

What is the relationship between data, information and an information system

Business
1 answer:
kap26 [50]3 years ago
5 0

Explanation:

Information consists of data that has been organized to help answer questions and to solve problems.

An information system is the software that helps organize and analyze data. The purpose of an information system is to turn raw data into useful information that can be used for decision making.

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When searching for research on line, one should make sure the information is _________________ to your topic?
stich3 [128]
Relevant, you don't want information that has nothing to do w to your topic
5 0
4 years ago
Management is considering a bonus system to increase production. One suggestion is to pay a bonus on the highest 5% of productio
Marina CMI [18]

Answer:

4099

Explanation:

we have mean = 4000

σ = 60 units

lets make X  = weekly production

z = X-μ/σ

z = X-4000/60

At 0.05 level of signficance, z critical value = 1.645

we put this value into the equation

z = \frac{x-4000}{60} \\1.645 = \frac{x-4000}{60}

we cross multiply from here

60 * 1.645 = x - 4000

98.7 = x-4000

x = 4000 + 98.7

x = 4098.7

≈ 4099

the bonus would be paid on 4099 units

7 0
3 years ago
On January 1, 2021, Ravetch Corporation’s projected benefit obligation was $51 million. During 2021, pension benefits paid by th
nevsk [136]

Answer:

$67.1 million

Explanation:

Given that,

Projected benefit obligation at the beginning of 2021 = $51 million

Service cost = $18 million

Retiree benefits  = $7 million

Projected benefit obligation at December 31, 2021:

= Beginning of 2021 + Service cost + Interest cost - Retiree benefits

= $51 million + $18 million + (10% × $51 million) - $7 million

= $51 million + $18 million + $5.1 million - $7 million

= $67.1 million

3 0
4 years ago
Raphael is training for a triathlon, a timed race that combines swimming, biking, and running.Consider the following sentence: R
pychu [463]

Answer:

Resources are scarce and All costs are opportunity costs.

Explanation:

The scarce resource in this case is time. Because resources are scarce, then people have to take choices strategically. If time was infinite, then Raphael would dedicate more time to train.

The sentence could also illustrate that all costs are opportunity costs. The cost of doing something else, is not training. For example, the cost of the time that he dedicates to study, is the time that he could spent training. But here we are also talking about time, then it could be option A or option B, but for me, A and B are correct.

Because resources are scarce, all of what we decide to do have an opportunity cost.

8 0
3 years ago
_____ is best described a process of closer integration and exchange between different countries and peoples worldwide, made pos
m_a_m_a [10]

Answer: <u>Globalization</u>

4 0
4 years ago
Read 2 more answers
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