vizaik

 Profile Answers by vizaik 

• Mar 26th, 2007

 

the real meaning of fact is what are all the necessary information for a business.

Ex: in a business, customer,item,order,invoices tells information.

calculation of amt to be paid by the customer is the main concept of the business.

so that type are called as facts.

so facts are measures, if the company is a business firm.

i think i answered ur question

Sim

• Feb 1st, 2012

 

Measures are calculations based on facts. A measure points to a fact (such as order amount) and specifies an aggregation function (such as average or sum).