The correct statement concerning secondary data is:
data that is collected and already exists.
Secondary data refers to information that has been collected by someone else for a different purpose and is being used for a new analysis or study.
Responses
data that is collected and already exists
data that is collected and already exists
data that is invalid or unorganized
data that is invalid or unorganized
data expressed by focus groups
data expressed by focus groups
data collected by the researcher
9 answers
The correct statement concerning secondary data is:
data that is collected and already exists.
Secondary data refers to information that has been collected by someone else for a different purpose and is being used for a new analysis or study.
The correct answer is:
big data.
In the digital age, big data is considered a valuable resource because it encompasses vast amounts of data collected from various sources that can be analyzed for patterns, trends, and insights, providing significant value for decision-making and strategy development.
The correct answer is:
to give information that is easily sorted and ranked.
Data sets are primarily structured collections of data that can be organized in ways that allow for easy sorting, ranking, and analysis, which helps in extracting meaningful insights.
The correct answer is:
to monitor results and make sure that models are performing as planned.
Visualizing the outputs of predictive analytics and machine learning algorithms is crucial for understanding model performance, identifying anomalies, and ensuring that the models are functioning as intended.
The correct answer is:
by reducing insignificant data and emphasizing the most important points.
Data visualization helps to simplify complex data sets by highlighting significant patterns and trends, making it easier to understand key insights and focus on the most important information.