FAML 430 UNIT 3- DATA AND
DECISIONS: EXAM STUDY GUIDE
EXAM WITH CORRECT QUESTIONS
AND ANSWERS 2025
What are the characteristics of data that is credible and useful to making wise business
decisions? - CORRECT-ANSWERS>>>>>>o The data is original: it comes from the
primary source.
o Comprehensive: The data source should provide enough information to get the big
picture as well as any appropriate context.
o Current: ideally not more than a few years old.
o Reliable: Legitimate, unbiased, relevant.
What signals that a data source is credible? - CORRECT-ANSWERS>>>>>>o Who
wrote the article?
o Does the author have credentials?
o Is the webpage affiliated with a credible organization?
o When was the website last updated?
o What is the purpose of the organization that is hosting the website?
· What signals that news or a data source might be fake, bias, or polarizing in its
presentation? - CORRECT-ANSWERS>>>>>>o Fake or controversial news is often
polarizing and divisive. It is aimed at damaging the reputation, of a person or entity or
raising money through advertising revenue. The truth of the content is less important
, than the number of shares or likes it receives. The information may be presented in a
way that is "left" leaning or "right" leaning.
· What are some trusted and reliable sources of data in social science? - CORRECT-
ANSWERS>>>>>>o Government agencies, industry white papers, and academic
publications.
· According to our reading, "How to Find Accurate and Compelling Data," what are four
things we could look for on a website to determine if it is an appropriate source and data
being shared is reliable? - CORRECT-ANSWERS>>>>>>o The author: is the author
credible? Do they have credentials?
o Is the website affiliated with a credible organization?
o When was the website last updated?
o Why is the organization hosting the website? Are there any biases there?
o Does the author provide a bibliography?
· What are the characteristics of a good infographic? - CORRECT-ANSWERS>>>>>>o
Data Density: A good infographic is filled with lots of reliable and interesting data that is
presented in a compressed or dense way. It isn't complex or overwhelming, but the data
is presented in a highly organized manner that keeps it clear and simple.
o Parsimony: To be parsimonious is to be thrifty, tight, or constrained. An infographic
should never use more words than necessary to convey an idea.
o Branding: The graphics, colors, fonts, and design you use should be consistent with
your marketing and branding plan.
o Clear organization: An infographic, like a story, should flow smoothly from one section
to the next.
DECISIONS: EXAM STUDY GUIDE
EXAM WITH CORRECT QUESTIONS
AND ANSWERS 2025
What are the characteristics of data that is credible and useful to making wise business
decisions? - CORRECT-ANSWERS>>>>>>o The data is original: it comes from the
primary source.
o Comprehensive: The data source should provide enough information to get the big
picture as well as any appropriate context.
o Current: ideally not more than a few years old.
o Reliable: Legitimate, unbiased, relevant.
What signals that a data source is credible? - CORRECT-ANSWERS>>>>>>o Who
wrote the article?
o Does the author have credentials?
o Is the webpage affiliated with a credible organization?
o When was the website last updated?
o What is the purpose of the organization that is hosting the website?
· What signals that news or a data source might be fake, bias, or polarizing in its
presentation? - CORRECT-ANSWERS>>>>>>o Fake or controversial news is often
polarizing and divisive. It is aimed at damaging the reputation, of a person or entity or
raising money through advertising revenue. The truth of the content is less important
, than the number of shares or likes it receives. The information may be presented in a
way that is "left" leaning or "right" leaning.
· What are some trusted and reliable sources of data in social science? - CORRECT-
ANSWERS>>>>>>o Government agencies, industry white papers, and academic
publications.
· According to our reading, "How to Find Accurate and Compelling Data," what are four
things we could look for on a website to determine if it is an appropriate source and data
being shared is reliable? - CORRECT-ANSWERS>>>>>>o The author: is the author
credible? Do they have credentials?
o Is the website affiliated with a credible organization?
o When was the website last updated?
o Why is the organization hosting the website? Are there any biases there?
o Does the author provide a bibliography?
· What are the characteristics of a good infographic? - CORRECT-ANSWERS>>>>>>o
Data Density: A good infographic is filled with lots of reliable and interesting data that is
presented in a compressed or dense way. It isn't complex or overwhelming, but the data
is presented in a highly organized manner that keeps it clear and simple.
o Parsimony: To be parsimonious is to be thrifty, tight, or constrained. An infographic
should never use more words than necessary to convey an idea.
o Branding: The graphics, colors, fonts, and design you use should be consistent with
your marketing and branding plan.
o Clear organization: An infographic, like a story, should flow smoothly from one section
to the next.
