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Assessing feasibility will employ techniques that allow comparison of the requirements of the strategy in terms of resources, competencies and systems and the extent to which the organisation already meets the requirements and the ease with which it can meet them in the future.
Adjusted R Square
A statistical measure that indicates the proportion of variance in the dependent variable predictable from the independent variable(s), adjusted for the number of predictors in the model.
Variance
The square of the standard deviation, indicating how much the values in a set vary from the mean.
Prediction Interval
A range of values that is likely to contain the value of an unknown parameter for a given level of confidence.
Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a specified level of confidence.
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