Using a Set of Data More Than Once for Inference

question 20

Short Answer

Using a set of data more than once for inference or selecting a model is known as________.

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Definitions:

Downsizing Strategy

A business strategy involving the reduction of a company's workforce in order to cut costs and improve efficiency or profitability.

Voluntary Severance

An option allowing employees to choose to leave their positions in exchange for a pre-determined compensation package.

Work Redesign

The process of altering jobs and work processes to improve employee satisfaction and productivity.

Automation

The shift toward converting work that was traditionally done by hand to being completed by mechanical or electronic devices.