True or False: Employees can manipulate both quantitative and qualitative data of a company.

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Prepare for the UCF GEB4522 Data Driven Decision Making Final Exam. Use flashcards and multiple choice questions to study. Familiarize yourself with key concepts and methodologies to excel on the test!

The statement is true because employees indeed have the capability to manipulate both quantitative and qualitative data within a company. Quantitative data, which consists of numerical values and can be measured and analyzed statistically, can be manipulated through various means such as changing figures in spreadsheets, applying different statistical methods, or altering datasets for various analyses.

On the other hand, qualitative data, which involves descriptions and characteristics that are not easily quantified, can also be manipulated. This can include rephrasing interview responses, categorizing text data differently, or changing the way certain insights are derived from open-ended survey responses. Both types of data are subject to interpretation and modification by individuals, which influences how the information is utilized for decision-making purposes within the organization.

This understanding emphasizes the importance of data integrity and ethical considerations in handling data, as manipulation can lead to misrepresentation and affect strategic decisions. Recognizing that both data types can be manipulated allows for a more comprehensive approach to data management and analysis in business contexts.