In a short essay, define data cleaning and discuss how consistency checks and treatment of missing responses relate to the data cleaning process
What will be an ideal response?
Data cleaning is the thorough and extensive checking for consistency and treatment of missing responses. This cleaning process includes consistency checks and treatment of missing responses. While preliminary consistency checks have been made during editing, the checks at this stage are more thorough and extensive, since these are made by computer. Consistency checks are a part of the data cleaning process that identify data that are out of range or logically inconsistent, or that have extreme values. Data with values not defined by the coding scheme are inadmissible. Missing responses represent values of a variable that are unknown, either because respondents provided ambiguous answers or their answers were not properly recorded. Proper selection, training, and supervision of field workers should minimize the incidence of missing responses.
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Polo Ralph Lauren, Tommy Hilfiger, and Wrangler manufacture jeans at plants in Mexico, thanks to the inexpensive labor there and various tax breaks from the Mexican government. These companies are
A. repatriating. B. using maquiladoras. C. countertrading. D. franchising. E. licensing.
The use of the allowance method is an attempt by accountants to match bad debts as an expense with the revenue of the period in which a sale on credit takes place
a. True b. False Indicate whether the statement is true or false
Explain the concept of mass marketing
What will be an ideal response?
Salespeople must sell the product, plus sell the prospect on providing referrals. This activity is referred to as the:
A. canvassing method. B. referral qualification. C. parallel referral sale. D. endless chain method. E. cyclical method of referral.