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RideAnS [48]
3 years ago
11

What is meant by requirements gathering, and why is it important to clearly define the data requirements of a database before cr

eating it?
Business
1 answer:
AnnZ [28]3 years ago
3 0

Answer:

The purpose of requirements management is to ensure that the project meets the expectations of its customers and its stakeholders, both external and internal, being the process that guarantees the link between what customers and users expect, and what teams of project have to develop.

Explanation:

The process of gathering requirements consists in documenting the quantified and documented needs, desires and expectations of the interested parties to convert them into project requirements.

The importance lies in the fact that once the valid requirements of the Project have been collected, the Project Director converts them into specifications, in works that must be carried out to implement those requirements. On them will depend the decision making for the execution of the project.

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I think these are personal questions which means there is no right answer

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When school districts are funded by local taxes only, the likelihood of disparities in funding goes up.
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Gertie sees an ad for Ultra Tide and thinks, "Ultra Tide looks like a really good product—I think I’ll try it." This is an examp
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Answer:

Support Argument.

Explanation:

Support argument is a process in which a person backs up his research or findings to prove it correct. The purpose of support argument is to sustain a product by an argument or a statement . Gertie has made a statement that she will try Ultra Tide. She has made this statement to support the ad of Ultra Tide. This is an example of support argument.

4 0
4 years ago
Read 2 more answers
An individual has utility function U(x)=x1/4U(x)=x1/4 for salary, and is considering new job offer which pays $80,000 with a bon
vladimir2022 [97]

Answer:

108,280.22

Explanation:

Certainty equivalent is solved by taking the inverse utility function from the expected utility of a random wealth variable

U(x) = x^1/4

U^-1(x) = x^4

U^-1(x) === x^4

CE(x) = x^4

Salary   Bonus   Total income   U(x)= x^(1/4)       P(x)        U(x)*P(x)

80000       0          80000               16.82                1/7             2.4

80000    10000     90000               17.32                1/7            2.47

80000    20000    100000              17.78                1/7            2.54

80000    30000    110000               18.21                 1/7            2.6

80000    40000    120000              18.61                 1/7            2.66

80000    50000    130000              18.99                1/7            2.71

80000    60000    140000              19.34                1/7             <u>2.76</u>

Sum                                                                                             <u>18.14</u>

CE(x) =  18.14^4

CE(x) = 108280.22

So therefore,  the certainty equivalent of this job offer is 108,280.22

5 0
3 years ago
Does anyone have a perfect competition business example?
Nastasia [14]

Answer:

Perfect competition is a type of market structure where products are homogenous and there are many buyers and sellers. ... Whilst perfect competition does not precisely exist, examples include the likes of agriculture, foreign exchange, and online shopping.

Explanation:

3 0
3 years ago
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