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Transaction Processing Systems (TPS) are often considered the data lifeline of an organization because they handle the collection, storage, and processing of day-to-day transactional data essential for operations. By ensuring accurate and timely data entry, TPS supports critical business functions, such as sales, inventory management, and customer service. The reliability and efficiency of TPS facilitate informed decision-making and enable organizations to maintain operational continuity. Ultimately, they provide the foundational data needed for higher-level systems and analytics, making them integral to organizational success.

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The value or values that Occur most often in a data set is the what?

The value or values that occur most often in a data set is called the mode. In a set with multiple modes, it is referred to as multimodal, while a data set with no repeating values is considered to have no mode. The mode is useful for understanding the most common or popular values within the data.


What is the number that appears most often in the set of data?

The number that appears most often in a set of data is called the mode. It represents the value or values that occur with the highest frequency. If no number repeats, the dataset is considered to have no mode. In cases where multiple numbers appear with the same highest frequency, the dataset is multimodal.


What does symbolic data means-?

Symbolic data differ from standard data in that they contain internal variation.


In maths the information collected from an individual is called?

In mathematics, the information collected from an individual is typically referred to as data. This data can take various forms, such as numbers, measurements, or observations, and is used for analysis to draw conclusions or make decisions. In statistics, these individual data points are often considered part of a larger dataset.


When the data is verifiable?

Data is considered verifiable when it can be corroborated through reliable sources or methods, ensuring its accuracy and authenticity. This often involves checking the data against established facts, cross-referencing with other datasets, or utilizing standardized measurement techniques. Verifiable data enhances credibility and supports informed decision-making by allowing stakeholders to trust the information presented.

Related Questions

What is Elementary Data Organization in Data Structures?

elementry data organisation is a way to put the position of special element


What are centralized database?

A centralised database holds all of an organisation's data on a central computer such as a mainframe computer or server. Users in the organisation can access the data from their own PC or terminal.


Sentences with the word emperical?

He had empirical data to prove that he was innocent. The data was from a well reputed organisation.


Is date of birth considered personal data?

Yes, date of birth is considered personal data as it can be used to identify an individual and is often used for verification and authentication purposes.


Is a calculator considered a data processor?

Yes, a calculator is considered a data processor. Anything that can use or hold data is considered to be a data processor. So yes, a calculator is a data processor.


What type of data is movie ratings?

Movie ratings can be considered as ordinal data, as they are often ranked or categorized based on a predefined scale (such as stars or numerical values).


What is inter organizational commerce?

Inter-organisational e-commerce are those e-commerce in which work is done more than one organisation through internet. in which one organisation sharing the ideas and transfer the data to another organisation.


Why do organisation require internal and external auditors?

auditor check reliability of financial data of the organization, and he give assurance about financial data of an organization.


Functions of data warehouse?

A data warehouse functions as a repository for all the data held by an organisation. The main functions are to reduce cost of data storage, facilitate data mining, and facilitate ability to back up data at an organisational level.


What is inter-organizational e-commerce?

Inter-organisational e-commerce are those e-commerce in which work is done more than one organisation through internet. in which one organisation sharing the ideas and transfer the data to another organisation.


What is inter organizational e-commerce?

Inter-organisational e-commerce are those e-commerce in which work is done more than one organisation through internet. in which one organisation sharing the ideas and transfer the data to another organisation.


How your organisation compares to other organisations in the sector?

The organisation is monitored and yearly graded statistically by central government (DFE) Also by Benchmarking data which are submitted to NCOGS and the DFE yearly.