Answer the following statements true (T) or false (F)

Question

1. A recent study says that the world's information is doubling every seven years. 
2. Risk propensity is the willingness to gamble or to undertake risk for the possibility of getting an increased payoff. 
3. People with a low tolerance for ambiguity and an orientation toward task and technical concerns in making decisions have an analytical decision-making style. 
4. A person with a directive decision style is efficient, logical, practical, and systematic in her approach to solving problems. 

Answer 1

1. FALSE
A recent study says the world's information is doubling every two years. This has led to a concept known as "big data" (often capitalized, Big Data), stores of data so vast that conventional database management systems cannot handle them and so very sophisticated analysis software and supercomputing-level hardware are required.
2. TRUE
Risk propensity is the willingness to gamble or to undertake risk for the possibility of gaining an increased payoff.
3. FALSE
People with a directive style have a low tolerance for ambiguity and are oriented toward task and technical concerns in making decisions.
4. TRUE
People with a directive style have a low tolerance for ambiguity and are oriented toward task and technical concerns in making decisions. They are efficient, logical, practical, and systematic in their approach to solving problems.