Examlex
The owner of Kat Motel wants to develop a time standard for the task of cleaning a cat cage.In a preliminary study,she observed one of her employees perform this task six times,with the following results: What is the standard time (ST) for this task if the employee worked at a fifty percent faster pace than is average,and an allowance of ten percent of the workday is used?
Predicted Values
The results or outcomes forecasted by a model or algorithm based on specific input data.
Coefficient Of Correlation
A numerical method for determining the vigor and pathway of a linear bond between two variables.
Scatter Diagram
A graph in which the values of two variables are plotted along two axes, the pattern of the resulting points revealing any correlation present.
Standard Error Of Estimate
A measure of the accuracy of predictions made with a regression line, representing how spread out observed values are from the regression line.
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