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 .
1
Q
Considerations in managing data?
A
Sourcing, quality, quantity, relevancy, governance and use.