Determining the effectiveness of management and how a base is managing and executing their budget.
What is the Operational Method?
100
Four possible relationships between any variables.
What are chance, third set of circumstances, functional, and causal?
100
This element of the Economic Analysis provides enough information to the reader so he understand the issue and the reason for the recommendation.
What is Executive Summary?
100
Creditable cost estimates include these.
What are accurate, comprehensive, replicable and auditable, traceable?
100
Y=AX^B
What is the Learning Curve equation?
200
A systematic evaluation of alternative solutions to a specific mission requirement in terms of comparative costs and benefits across alternatives.
What is an Economic Analysis?
200
Consists of quantifying a relationship using a math expression and describing the accuracy of that relationship.
What is Regression Analysis (Causal Forecasting)?
200
The cost estimate of the Economic Analysis.
What is the Life Cycle Cost Analysis?
200
Studies that use a baseline cost estimate and explore the relative cost of changing requirements.
What are Trade-Offs?
200
Killed Abraham Lincoln at Ford Theater
Who is John Wilkes Booth?
300
Three factors that should be considered when performing FM analysis.
What are Data gathering, trend analysis, lessons learned, timeliness, regulatory guidance, investment decisions (any 3).
300
Used when only one independent variable is used to predict the dependent variable.
What is Simple Linear Regression?
300
Identifies key assumptions and variables within the EA, determines how changes within them affect the ranking of alternatives.
What is a Sensitivity Analysis?
300
1865
What is the year the Civil War ended?
300
Southerners who supported the Republican
What are Scalawags
400
External resource available to provide unbiased expert and specialized FM analysis.
What is the Center of Expertise (CoE)?
400
A linear regression model that includes every possible member of the group.
What is a population simple linear regression model?
400
A decision-support document that allows for an enterprise-wide perspective. They are developed when a POM initiative or offset exceeds $500M over the FYDP.
What is a Business Case Analysis?
400
Maine comes in as a free state
What is the Missouri Compromise
400
The first African American Senators
Who is Hiram Revels
500
Agency that develops analytical tools, models, and databases.
What is Air Force Cost Analysis Agency (AFCAA)?
500
Special use of non-linear regression that allows analysts to extrapolate beyond the relevant range of the dataset because it is time-series data.
What are learning curves?
500
The non-negotiable deadline to obligate a certain percentage of base/installation funds and the percentage required.