Data Flashcards

0
Q

Data collection techniques?

A

Census - through complete collection from every member of a population - statutory valuation ;
Sampling - only a portion of the population data collected - testing of calculations;
Large employer data - for similar size employers in similar industries with similar demographics;
Surveys / market research - new product development .

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1
Q

Considerations in managing data?

A

Sourcing, quality, quantity, relevancy, governance and use.

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