sparse

Vocabulary Word

Definition

'Sparse' describes when something exists only in small amounts or is dispersed lightly. It often describes places or things that aren't closely packed or crowded together.

Examples in Different Contexts

In market research, 'sparse' data can limit analysis accuracy. A market analyst might note, 'Our survey response rate was low, resulting in sparse data that may not represent the entire demographic.'

Practice Scenarios

Business

Scenario:

Given the limited competition, we should seize this opportunity to establish ourselves as a dominant player in the market.

Response:

The sparse competition indeed provides us an excellent opportunity to increase our market presence aggressively.

Tech

Scenario:

Our data pool has a lot of missing information. This might impact the accuracy of our predictive algorithms.

Response:

Perhaps we could invest in some data enrichment strategies to add substance to our sparse dataset.