A Model Is Defined as A

question 202

Multiple Choice

A model is defined as a:

• A) description of all variables affecting a situation.
• B) positive analysis of all variables affecting an event.
• C) simplified description of reality to understand and predict an economic event.
• D) prediction based on historical evidence.

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Definitions:

Scatter Diagram

A graphical method used to display the relationship between two variables, typically to identify any correlation between them.

Work Shift

Scheduled periods of work for employees, often rotating among mornings, afternoons, and nights, to ensure continuous operation in industries such as healthcare, manufacturing, and service.

Service Quality

Refers to the evaluation of how well a delivered service matches the expectations of the customer.

Determinants

Factors or variables that decisively affect the nature or outcome of something.