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Data quality problems currently cost U.S. businesses some $60 million each year (Hudica, 2003).

  • A.True
  • B.False

Answer: B

Correct answer: False

The figure usually cited is some 60 billion dollars a year, not 60 million. The order of magnitude is the point of the statistic: data quality is a problem of the scale of a national industry rather than a rounding error, which is what justifies treating it as a management programme.

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