________ Is a Standard Set of Terms and Graphical Notations

question 99

Multiple Choice

________ is a standard set of terms and graphical notations for documenting business processes.

• A)Business Process Modeling Notation
• B)Business Process Execution Language
• C)Interface Standard Model
• D)ISO 9000

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Definitions:

Simple Exponential Smoothing

A time series forecasting method for univariate data that applies decreasing weights to past observations as they age.

Mean Absolute Deviation

A statistical measure of the dispersion or variability in a data set, calculated as the average distance between each data point and the mean of the data set.

Mean Squared Error

A measure of the average of the squares of the errors or deviations, that is, the difference between the estimator and what is estimated.

Tracking Signal

A statistical measure used in quality control and forecasting to detect bias in the forecast error over time.