Examlex
A golf ball is dropped from 15 different heights (in cm) and the height of the bounce is recorded (in cm. ) The regression analysis gives the model
= -0.1 + 0.70 drop.Predict the height of the bounce if dropped from 64 cm.
Sensitivity Analysis
A technique used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.
CVP Analyses
Cost-Volume-Profit Analyses, a financial modelling technique that analyzes how changes in costs and volume affect a company's profits.
Estimates
Approximations or educated guesses used in planning and decision-making, especially in budgeting and forecasting.
Safety Margin
The difference between the actual performance of a business and the break-even point, indicating the buffer or cushion against drop in performance.
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