If Eggertopia data were free, and your model was unavailable, what would the dollar savings per bit of information extracted be? Dollar savings are $412 rounded to the nearest dollar- from quiz 2, question 6

7. If Eggertopia data were free, and your model was unavailable, what would the dollar savings per bit of information extracted be?

Dollar savings are $412 rounded to the nearest dollar- from quiz 2, question 6

 

  • Value would be $427 per bit.
  • Value would be $3,427 per bit.
  • Value would be $3,627 per bit.