Difficulty: Easy
Correct Answer: accuracy
Explanation:
Introduction / Context:
Organizations evaluate data quality using dimensions such as accuracy, completeness, timeliness, and consistency. A quantitative notion of how much of the information is correct directly impacts trust in reports and decisions.
Given Data / Assumptions:
Concept / Approach:
Accuracy measures closeness to truth. When framed as a ratio, Accuracy = (Number of correct items) / (Total items produced). Higher accuracy implies fewer errors, rework, and misinformed actions.
Step-by-Step Solution:
Verification / Alternative check:
Data quality scorecards and KPIs typically list accuracy as a percentage, often alongside completeness and timeliness.
Why Other Options Are Wrong:
‘‘concise’’ refers to brevity; ‘‘simulation’’ is a modeling method; ‘‘decision’’ is an outcome, not a quality metric.
Common Pitfalls:
Confusing ‘‘accuracy’’ with ‘‘precision’’; precision relates to variability/consistency, not correctness.
Final Answer:
accuracy
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