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Definition of datadatabits of knowledge or facts that have not been summarized
Related Terms:data mininga form of analysis in which statistical techniques Electronic data interchange (EDI)The exchange of information electronically, directly from one firm's electronic data interchange (EDI)the computer-to-computer transfer of information in virtual real time using standardized formats developed by the American National Standards Institute Synchronous datadata available at the same time. In testing option-pricing models, the price of the option activity-based costing (ABC)a process using multiple cost drivers to predict and allocate costs to products and services; AutoregressiveUsing past data to predict future data. Bank for International Settlements (BIS)An international bank headquartered in Basel, Switzerland, which bar codea group of lines and spaces arranged in a special Bollinger band chartA financial chart that plots actual asset data along cost tablea database providing information about the impact DetrendTo remove the general drift, tendency or bent of a set of statistical data as related to time. EDGARThe Securities & Exchange Commission uses Electronic data Gathering and Retrieval to transmit enterprise resource planning (ERP) systema packaged software program that allows a company to Extrapolative statistical modelsModels that apply a formula to historical data and project results for a Floor stocksLow-cost, high-usage inventory items stored near the shop floor, Frequency distributionThe organization of data to show how often certain values or ranges of values occur. Fundamental betaThe product of a statistical model to predict the fundamental risk of a security using not Fundamental descriptorsIn the model for calculating fundamental beta, ratios in risk indexes other than informationbits of knowledge or fact that have been carefully intraneta mechanism for sharing information and delivering data from corporate databases to the local-area network (LAN) desktops LedgerA book or database in which accounting transactions are stored and summarized. Linear regressionA statistical technique for fitting a straight line to a set of data points. Log-linear least-squares methodA statistical technique for fitting a curve to a set of data points. One of the management information system (MIS)a structure of interrelated elements that collects, organizes, and communicates Net errors and omissionsIn balance of payments accounting, net errors and omissions record the statistical Non-Medical LimitThis is the maximum value of a policy that an insurance company will issue without the applicant taking a medical examination, although medical questions are invariably asked during the application process. When a non-medical issue is made through group insurance, in most cases, medical data is not requested at all. Normal (bell-shaped) distributionIn statistics, a theoretical frequency outlieran abnormal or nonrepresentative point within a data set Personal Responsibility and Work Opportunity Reconciliation ActA federal Act requiring the reporting of new hires into a national database. Point and figure chartA financial chart usually used to plot asset price data. Rational ExpectationsThe best forecasts that can be made given the data available and knowledge of how the economy operates. Rational expectations implies random errors, no systematic errors. six-sigma methoda high-performance, data-driven approach to analyzing and solving the root causes of business problems SpreadsheetA computer program that organizes numerical data into rows and columns on a terminal screen, Standard deviationThe square root of the variance. A measure of dispersion of a set of data from their mean. standard deviationthe measure of variability of data around Standardized valueAlso called the normal deviate, the distance of one data point from the mean, divided by Strategic management accountingThe provision and analysis of management accounting data about a business and its competitors, which is of use in the development and monitoring of strategy (Simmonds). VarianceA measure of dispersion of a set of data points around their mean value. The mathematical Variance minimization approach to trackingAn approach to bond indexing that uses historical data to Z scoreStatistical measure that quantifies the distance (measured in standard deviations) a data point is from
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