From Module Assessments Flashcards

1
Q

Goals that MUST be reached in order to consider successful…

A

CRITICAL Success Factors

  • Quality
  • Customer Service
  • Efficiency
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2
Q

3 Big Areas for Non-Profits to Focus on for performance Evaluation

A

Success for mobilizing resources

Employee effectiveness

Progress on it’s goals

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3
Q

4 Broad Categories in Balanced Scorecard ??

A
  1. Customers
  2. Innovation and Learning
  3. Financials
  4. Internal Business Processes
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4
Q

Net Promoter Score seeks to…

A

Quantify the strength of customer relations.

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5
Q

How to Calculate the NET Promoter Score

A

Promoters - Detractors

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6
Q

Survey respondents that answer either 7 or 8

A

Passives

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7
Q

Variance is calculated by…

A

Actual Performance - Target

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8
Q

How Results Based Management defines OUTCOME

A

Short-term effect that outputs will have on the organization

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9
Q

3 parts to RESULTS part of Results Based Management

A

Impact

Outputs

Outcomes

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10
Q

Big Data

A

Has more than ONE number (data point)

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11
Q

Consumer Price Index is an example of a…

A

Simple Composite Number

CPI examines the Weight Average of prices of common consumer goods and services

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12
Q

California is about 160,000 square miles. Maine is about 35,000 square miles. If California had one and a half times as many trees as Maine, then:

A

GREATER Prevalence in Maine…
Cali is 4 times the size but only 1.5 times as many trees..

More likely to bump into a tree in Maine

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13
Q

In a criterion referenced test, results are NOT based on…

A

How OTHERS do

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14
Q

Calculating the Early Finish Date

A

Early Start Date + Amnt Time needed to Complete

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15
Q

Training is a _____ _______ activity because helps improve processes and prevent defects from occurring.

A

Quality Assurance

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16
Q

The INDEPENDENT variable goes on the ________ axis

A

X- axis

17
Q

How would GREATER number of SAMPLES and FEWER # Populations affect ANOVA analysis…

A

Results MORE ACCURATE

MORE data points will more greatly allow for conclusions to be made in ANOVA output due to MORE INFO about the Populations

Also… LESS POPULATIONS means there are FEWER Degrees of Freedom

18
Q

Regression Analysis information from ONE data set and can ______ information for another data set

A

PREDICT

19
Q

The INDEPENDENT (explanatory) Variable goes on the _______ axis

A

X-axis

20
Q

R-Squared shows a Negative Correlation when closest to _______

A

(-) 1

21
Q

Disadvantage of Cluster Analysis..

A

Long and Expensive.

22
Q

3 Types of NON-Linear Relationships (regressions)

A

Polynomial

Exponential

Logarithmic