Edwin, a sales manager, just finished reading some sales statistics comparing his company's performance to that of competitors. The statistics summarize a mass of raw figures into a few meaningful measures that Edwin will use to determine whether he needs to change his sales strategy. The statistics in the printout are
A) information, while the raw figures used to compute the statistics are data.
B) data, while the raw figures used to compute the statistics are information.
C) less useful to Edwin than the raw figures would have been, since summarizing the figures necessarily reduces their accuracy.
D) an example of how managers have a tendency to oversimplify by reducing complex issues into a few simple numbers.
Correct Answer:
Verified
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