Tip: Choose Save as PDF in the print dialog to download. Use A4 paper size.
Shade in the A or B circle for each question.
Draw a line connecting each item on the left to its match on the right.
| Left column | Right column | |
|---|---|---|
| 1Wrong forecast | AResults that look reliable but are distorted because the data used was inaccurate or untimely | |
| 2Misleading analysis | BA prediction built on inaccurate or out-of-date data, so it does not match what really happens | |
| 3Untimely data can lead to a false conclusion, such as believing a product is still in stock when it has sold out | CThe data is untimely, so the decision may be wrong because customer needs have changed. Use current data. | |
| 4Inaccurate data produces a wrong forecast because errors flow through into the prediction | DThe analysis is misleading because the data was not checked for accuracy. Clean and verify the data before analysis. | |
| 5Using last year's customer survey to decide this year's product range without checking it is still current | Eforecast = 2000 * 1.1 # sales entered as 2000, real figure 200 | |
| 6Average sales = 500 (calculated from data containing duplicate and mistyped records, then used for budgeting) | Fstock_report_date = 'last month'; decision = 'Do not reorder' |
Complete each line of code by filling in the missing parts.
Shade in the letter of the line that contains an error.
Poor decision-making — Decisions made from inaccurate or untimely data are likely to be wrong, causing wrong forecasts, misleading analysis and false conclusions.IF dataAccurate = FALSE THEN
decisionRisk ← HIGH
ENDIFsales[3] ← 9000
forecast ← AVERAGE(sales)IF dataAgeDays > 30 THEN
refreshData()
ENDIFtotal ← SUM(sales)
avgSale ← total / COUNT(sales)IF dataValid AND dataCurrent THEN
conclusion ← TRUSTED
ENDIF