Which term refers to data being accurate, precise and trusted?

Which term refers to data being accurate, precise and trusted?

• A. Volume
• B. Variety
• C. Value
• D. Veracity

Answer: (D)

The idea being tested is how trustworthy the data is. Veracity describes data that is accurate, precise, and reliable enough to trust for decision-making. Accuracy means the data reflects real values, precision means it’s consistent and not fuzzy, and trust indicates confidence that the data comes from reliable sources and remains dependable. The other terms describe different aspects: volume refers to how much data there is, variety to the different types and sources of data, and value to how useful the data is for making decisions. High veracity means reports and analyses are more dependable, which is essential for good business decisions.

The idea being tested is how trustworthy the data is. Veracity describes data that is accurate, precise, and reliable enough to trust for decision-making. Accuracy means the data reflects real values, precision means it’s consistent and not fuzzy, and trust indicates confidence that the data comes from reliable sources and remains dependable. The other terms describe different aspects: volume refers to how much data there is, variety to the different types and sources of data, and value to how useful the data is for making decisions. High veracity means reports and analyses are more dependable, which is essential for good business decisions.