From a client perspective, which statement best describes high quality data?

Disable ads (and more) with a membership for a one time $4.99 payment

Prepare for the University of Central Florida GEB4522 Data Driven Decision Making Exam 2. Utilize interactive quizzes, flashcards, and detailed explanations to excel in your test. Enhance your decision-making skills and ace the exam!

High-quality data is fundamentally characterized by its suitability for the intended use. This means that the data effectively meets the specific needs of the user or the purpose for which it was collected. When data is fit for its intended use, it can drive accurate analysis, inform decision-making, and fulfill the necessary requirements of various processes or applications.

In this context, fit for use encompasses several essential factors, including accuracy, relevance, completeness, and timeliness. Data that is fit for use allows organizations to rely on it for strategic decisions and operational effectiveness. It ensures that stakeholders can trust the insights derived from it, ultimately leading to better outcomes.

The other options, while they address aspects of data quality, do not encapsulate this foundational principle as effectively as the concept of suitability for intended use. For instance, while it’s important for data to be collected and stored according to standards or to be available in a timely manner, these aspects alone do not guarantee that the data will serve its purpose effectively in the specific context it is intended for. Therefore, the definition of high-quality data stands strongest when considering its fitness for the intended use.