WGU C723 Quantitative Analysis for
Business
Quantitative Analysis
Analysis using goal statistics
Qualitative Analysis
Analysis the use of subjective Data
Response Variable
Another call for the dependent variable
Explanatory Variable
Another call for the established variable
Negative Correclation
Correlation that occurs while one variable will increase and the opposite variable decreases
Positive Correlation
Correlation that happens while one variable and the other
Nonnumeric Data
Data of a shape which includes phrases, symbols, or letters that are not used in calculations
Numerical Data
Data represented by way of numbers
Trendline
Line that indicates the general path of the connection of points over time
,Objective Data
Measurable statistics frequently acquired via observations or testing
Correlation
Measure of the power of the linear dating between variables
-does not apply purpose and have an effect on "shoe size doesn't affect studying ability even
though they are closely associated in grades faculty"
-used to compare two variables to determine the power of the linear courting between them
Metric
Measurement used to gauge overall performance
Forecasting
Method or procedure used to make brief range decisions in which the actual consequences
have no longer but befell
Subjective Data
Non-measurable statistics regularly obtained thru surveys or interviews
Descriptive Statistics
The analysis of statistics, to describe, interpret, and summarize statistics in a significant manner
Inferential Statistics
The evaluation of records to reach conclusions, generalizations, and estimations primarily
based on a small pattern of the populace
Statistics
The accumulating, organizing, and deciphering of numerical information
Moderating Variable
Variable that modifications the impact of independent variable at the dependent variable
Dependent Variable
Variable that is being measured or affected
, Independent Variable
Variable this is free to change in a given model
Quantitative Analysis: fashions
-Decision Tree
-Network Diagram
-ANOVA
-Linear regression
-Linear Programming
-Break-even Analysis
-Simulation
-and extra
Qualitative Analysis: Models
- Surveys
-Brainstorming Session
-Raking (favorites)
-Subjective Judgment
-and greater
PEMDAS
Parentheses, Exponents, Multiplication, Division, Addition, Subtraction
* Please excuse my pricey aunt sally
Y hat
predictive cost
Expressions
include numbers, variables and operations
* do no longer have <,>,=
Equations and Inequalities
do have <.>=
Linear Equation
Type of equation while the slope between any two points is consistent
Business
Quantitative Analysis
Analysis using goal statistics
Qualitative Analysis
Analysis the use of subjective Data
Response Variable
Another call for the dependent variable
Explanatory Variable
Another call for the established variable
Negative Correclation
Correlation that occurs while one variable will increase and the opposite variable decreases
Positive Correlation
Correlation that happens while one variable and the other
Nonnumeric Data
Data of a shape which includes phrases, symbols, or letters that are not used in calculations
Numerical Data
Data represented by way of numbers
Trendline
Line that indicates the general path of the connection of points over time
,Objective Data
Measurable statistics frequently acquired via observations or testing
Correlation
Measure of the power of the linear dating between variables
-does not apply purpose and have an effect on "shoe size doesn't affect studying ability even
though they are closely associated in grades faculty"
-used to compare two variables to determine the power of the linear courting between them
Metric
Measurement used to gauge overall performance
Forecasting
Method or procedure used to make brief range decisions in which the actual consequences
have no longer but befell
Subjective Data
Non-measurable statistics regularly obtained thru surveys or interviews
Descriptive Statistics
The analysis of statistics, to describe, interpret, and summarize statistics in a significant manner
Inferential Statistics
The evaluation of records to reach conclusions, generalizations, and estimations primarily
based on a small pattern of the populace
Statistics
The accumulating, organizing, and deciphering of numerical information
Moderating Variable
Variable that modifications the impact of independent variable at the dependent variable
Dependent Variable
Variable that is being measured or affected
, Independent Variable
Variable this is free to change in a given model
Quantitative Analysis: fashions
-Decision Tree
-Network Diagram
-ANOVA
-Linear regression
-Linear Programming
-Break-even Analysis
-Simulation
-and extra
Qualitative Analysis: Models
- Surveys
-Brainstorming Session
-Raking (favorites)
-Subjective Judgment
-and greater
PEMDAS
Parentheses, Exponents, Multiplication, Division, Addition, Subtraction
* Please excuse my pricey aunt sally
Y hat
predictive cost
Expressions
include numbers, variables and operations
* do no longer have <,>,=
Equations and Inequalities
do have <.>=
Linear Equation
Type of equation while the slope between any two points is consistent
