Flashcards (Analytical Aptitude)

Front

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

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Scenario/what-if analysis

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

Front

Distance of any data point from the center of a distribution when data is distributed in a "normal" or expected pattern.

Back

Standard deviation

Distance of any data point from the center of a distribution when data is distributed in a "normal" or expected pattern.

Front

Raw average of data that gives equal weight to all values, with no regard for other factors.

Back

Unweighted mean

Raw average of data that gives equal weight to all values, with no regard for other factors.

Front

Data-sorting technique in which a group categorizes and subcategorizes data until relationships are clearly drawn.

Back

Affinity diagramming

Data-sorting technique in which a group categorizes and subcategorizes data until relationships are clearly drawn.

Front

Statistical method for identifying the degree of difference between planned and actual performance or outcomes.

Back

Variance analysis

Statistical method for identifying the degree of difference between planned and actual performance or outcomes.

Front

Middle value in a range of values.

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Median

Middle value in a range of values.

Front

Average of data that adds factors to reflect the importance of different values.

Back

Weighted mean

Average of data that adds factors to reflect the importance of different values.

Front

Data-sorting technique in which group members add related ideas and indicate logical connections, eventually grouping similar ideas.

Back

Mind mapping

Data-sorting technique in which group members add related ideas and indicate logical connections, eventually grouping similar ideas.