Unit 2: Quantitative Analysis Methods (11% of the Assessment) Flashcards
Measurable data often obtained through observations
or testing.
objective
Variable that is free to change in a given model.
independent
Analysis using subjective data
qualitative
Measure of the strength of the linear relationship
between variables
correlation
Variable that explains the relationship between the
independent and dependent variables.
mediating
Non-measurable data often obtained through
surveys or interviews.
subjective
Measurement used to gauge performance
metric
Another name for the independent variable.
explanatory
The gathering, organizing, and interpreting of
numerical data.
statistics
The analysis of data to reach conclusions,
generalizations, and estimations based on a small
sample of the population
inferential
Correlation that occurs when one variable increases
and the other variable decreases
negative
Correlation that occurs when one variable increases
and the other variable increases, too.
positive
Variable that changes the effect of independent
variable on the dependent variable
moderating
The analysis of data to describe, interpret, and
summarize data in a meaningful way to find patterns
descriptive
Analysis using objective data
quantitative
. Line that shows the general direction of the
relationship of points over time.
trendline
Variable that is being measured or affected.
dependent
Data of a form such as words, symbols, or letters
that are not used in calculations
nonnumeric
Method or process used to make short range
decisions where the actual outcomes have not yet
occurred.
forecasting
Another name for the dependent variable.
response
Data represented by numbers.
numerical
Another name for the dependent variable
Response variable
Another name for the independent variable.
explanatory variable
Correlation that occurs when one variable increases and the other variable decreases.
Negative correlation
Correlation that occurs when one variable increases and the other variable increases, too.
positive correlation
Data of a form such as words, symbols, or letters that are not used in calculations.
nonnumeric data
Data represented by numbers.
numerical data
Line that shows the general direction of the relationship of points over time.
trendline
Measurable data often obtained through observations or testing.
objective data
Measure of the strength of the linear relationship between variables.
correlation
Measurement used to gauge performance.
metric
Method or process used to make short range decisions where the actual outcomes have not yet occurred.
forecasting
Non-measurable data often obtained through surveys or interviews.
subjective data
The analysis of datato describe, interpret, and summarize data in a meaningful way to find patterns.
descriptive statistics
The analysis of data to reach conclusions, generatlizations, and estimations based on a small sample of the population.
inferential statistics
The gathering, organizing, and interpreting of numerical data.
statistics
Variable that changes the effect of independent variable on the dependent variable.
moderating variable
Variable that explains the relationship between the independent and dependent variables.
mediating variable
Variable that is being measured or affected.
dependent variable
Variable that is free to change in a given model.
independent variable
The store manager makes a t-test to compare the average sales for customers purchasing one item versus customers purchasing multiple items. Is this a qualitative or quantitative analysis?
Quantitative
