Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 8, Problem 6MBD
Explanation of Solution
Information provided by the website www.bls.gov:
This website is provided by U.S. government to find labor statistics. It gives the information about statistical analysis, economic information, and growth of trends. It measures activities of labor market, working conditions, and price.
Useful information:
The analysis of statistical information in various departments like industries, geography, and business is useful to various kinds of people like business leaders, economists, financial investors, researchers, etc.
Information about employment and wages in this website:
In employment page in data tools menu has list of employment hours, earnings in state and metro area wise. Wages of employees also categorized in state order.
Categorization:
The employment details are categorized into three ways. They are monthly, quarterly, and annual surveys.
Information usage to a business manager:
The business managers using information to make decision about ideas in their organization...
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
What are some of the benefits that come along with the process of data profiling?
What kinds of data inconsistencies might you expect to see when looking at stock data for your favorite publicly listed companies?
What is the importance of high-quality data that cannot be overstated?
Chapter 8 Solutions
Business Driven Technology
Ch. 8 - Prob. 1OCCh. 8 - Prob. 2OCCh. 8 - Prob. 3OCCh. 8 - Prob. 1CQCh. 8 - Prob. 2CQCh. 8 - Prob. 3CQCh. 8 - Prob. 4CQCh. 8 - Prob. 1RQCh. 8 - Prob. 2RQCh. 8 - Prob. 3RQ
Ch. 8 - Prob. 4RQCh. 8 - Prob. 5RQCh. 8 - Prob. 6RQCh. 8 - Prob. 7RQCh. 8 - Prob. 8RQCh. 8 - Prob. 3MBDCh. 8 - Prob. 4MBDCh. 8 - Prob. 6MBDCh. 8 - Prob. 7MBDCh. 8 - Prob. 1CCOCh. 8 - How does data visualization use database...Ch. 8 - Prob. 3CCOCh. 8 - What is the correlation between data mining and...Ch. 8 - Prob. 5CCOCh. 8 - Prob. 6CCOCh. 8 - What could happen to a data visualization project...Ch. 8 - Prob. 1AYKCh. 8 - Prob. 2AYKCh. 8 - Prob. 4AYKCh. 8 - Prob. 5AYKCh. 8 - Prob. 7AYKCh. 8 - Prob. 8AYK
Knowledge Booster
Similar questions
- What is "data mining" exactly, and how does it work?What are the benefits of data mining for companies that want to make money?What are some ways that data mining can be used in accounting?arrow_forwardWhat is your definition of Big Data?What are some of the most important competitive advantages that Big Data can provide?arrow_forwardWhat kinds of data inconsistencies might you expect to see when looking at stock data for your favourite publicly listed companies?arrow_forward
- Senior management has asked you to research a Big Data topic. They would like you to choose one of the two options described below. You should write this as a case in which you present the business problem that needs to be addressed, then you present at least two Big Data solutions for solving the business problem, and conclude with which one you would recommend and why. Topics to research, along with questions to consider include: Option 1 - Data Analytics use in various industries – (industries could include weather, sports, social media, marketing, financial, politics, farming, medicine, or any other industry that you find interesting to explore.) This analysis should include the following. a. A summary of how data analytics is being used within the industry selected. b. Who, within the industry, is using data analytics? c. What opportunities does data analytics provide that was previous unavailable? d. What threats does using data analytics present? e. What skills are necessary for…arrow_forwardPLEASE HELP! Introduction Conditional formatting is a powerful tool for data visualization and analysis, as it helps you focus on the most relevant information and enhances the overall clarity of your Excel spreadsheets. Questions In what scenarios would conditional formatting be effective in highlighting critical data? Which specific types of conditional formatting, encompassing both formatting choices and visualization techniques, would be most impactful in enhancing data interpretation? Feel free to provide examples and insights into the strengths and limitations of different approaches.arrow_forwardIn terms of the success of data warehousing, how crucial do you believe it is that the data be of high quality? What are the advantages and telltale indicators of having access to high-quality data, and how do you get it?arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
COMPREHENSIVE MICROSOFT OFFICE 365 EXCEComputer ScienceISBN:9780357392676Author:FREUND, StevenPublisher:CENGAGE L
Fundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
COMPREHENSIVE MICROSOFT OFFICE 365 EXCE
Computer Science
ISBN:9780357392676
Author:FREUND, Steven
Publisher:CENGAGE L
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning