Statistical method used to test the possible effects of altering the details of a strategy to see if the likely outcome can be improved.
Flashcards (Analytical Aptitude)

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Professional Development
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Professional Development
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Hard
DUONG SHRM
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1.
FLASHCARD QUESTION
Front
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2.
FLASHCARD QUESTION
Front
Distance of any data point from the center of a distribution when data is distributed in a "normal" or expected pattern.
Back
3.
FLASHCARD QUESTION
Front
Raw average of data that gives equal weight to all values, with no regard for other factors.
Back
4.
FLASHCARD QUESTION
Front
Data-sorting technique in which a group categorizes and subcategorizes data until relationships are clearly drawn.
Back
5.
FLASHCARD QUESTION
Front
Statistical method for identifying the degree of difference between planned and actual performance or outcomes.
Back
6.
FLASHCARD QUESTION
Front
Middle value in a range of values.
Back
7.
FLASHCARD QUESTION
Front
Average of data that adds factors to reflect the importance of different values.
Back
8.
FLASHCARD QUESTION
Front
Data-sorting technique in which group members add related ideas and indicate logical connections, eventually grouping similar ideas.
Back
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