Management Information Systems: Managing The Digital Firm (16th Edition)
16th Edition
ISBN: 9780135191798
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
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Expert Solution & Answer
Chapter 15, Problem 1IQ
Explanation of Solution
Working with quantitative data
- Quantitative data is used to work in a college course.
- These are data about numeric values that is how many, how much or how often as an example.
- Quantitative data are measures of values or counts and are expressed as numbers.
- It makes measuring various parameters controllable due to the ease of mathematical derivations.
Explanation of Solution
Uses of quantitative data
- Quantitative data is used to measure various parameters controllable due to the ease of mathematical derivations.
- It is used to express a certain quantity, amount or range.
- It is also used to set boundary limits to such data, and also used to apply arithmetic operations to the data.
- It provides important information for business operations and also provides valuable data for use in the design of a product.
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Chapter 15 Solutions
Management Information Systems: Managing The Digital Firm (16th Edition)
Ch. 15.5 - Prob. 1.1CQCh. 15.5 - Prob. 1.2CQCh. 15.5 - Prob. 1.3CQCh. 15.5 - Prob. 2.1CQCh. 15.5 - Prob. 2.2CQCh. 15.5 - Prob. 2.3CQCh. 15.5 - Prob. 2.4CQCh. 15 - Prob. 1IQCh. 15 - Prob. 2IQCh. 15 - Prob. 3IQ
Ch. 15 - Prob. 4IQCh. 15 - Prob. 5IQCh. 15 - Prob. 6IQCh. 15 - Prob. 1RQCh. 15 - Prob. 2RQCh. 15 - Prob. 3RQCh. 15 - Prob. 4RQCh. 15 - Prob. 5DQCh. 15 - Prob. 6DQCh. 15 - Prob. 7HMPCh. 15 - Prob. 8HMPCh. 15 - Prob. 10HMPCh. 15 - Prob. 12CSQCh. 15 - Prob. 13CSQCh. 15 - Prob. 14CSQCh. 15 - Prob. 15MLM
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