BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Information
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Database
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Data
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Metrics
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Detailed explanation-1: -Data is a collection of facts and figures which include numbers, words, measurements and observations for a definite purpose. The purpose is usually to find a correlation between two events, one of which is called the “cause” and the other, “effect".
Detailed explanation-2: -The Raw Facts and Figures are Called Data. The word raw means that the facts have not yet been processed to get their exact meaning. Data is collected from different sources. It is collected for different purposes. Raw data (sometimes called source data or atomic data) is data that has not been processed for use.
Detailed explanation-3: -Answer: (i) Numerical. According to the definition, a collection of numerical figures giving some particular type of information is called data. (ii) Original. According to the definition, Data obtained in the original form is called raw data.
Detailed explanation-4: -Facts and statistics collected together for reference or analysis are referred to as data.