Discuss the Three Informational Roles of a Leader

question 121

Short Answer

Discuss the three informational roles of a leader.

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Definitions:

Probability

An assessment of the probability that a specific event will take place, usually represented by a value ranging from 0 to 1.

Tornado Chart

A tornado chart is a graphical method used to display the sensitivity of a system's outcome to changes in its input variables, resembling a tornado's shape when variables are displayed in descending order.

Sensitivity Chart

A sensitivity chart is a graphical representation used in decision making to show how different values of an independent variable affect a particular dependent variable.

Sample Statistics

Values calculated from a sample and used to estimate population parameters.