Examlex
A bipolar factor refers to a component that contains both high positive and high negative loadings.
Quantitative Model
A representation of a real situation in numerical terms, often used to forecast future behavior, outcomes, or trends based on historical data.
Qualitative Model
A framework for analysis that uses non-numeric data to understand patterns, concepts, opinions, or experiences.
Demand Forecast
The estimation of the quantity of a product or service that consumers will purchase in the foreseeable future.
Regression Analysis
A method in statistics employed to explore how a dependent variable interacts with one or several independent variables.