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Product fit analysis information


A Product fit analysis (PFA) is a form of requirements analysis of the gap between an IT product's functionality and required functions. It is a document which consists of all the business requirements which are mapped to the product or application.

Requirements are specifically mentioned and the application is designed accordingly.

A PFA document is designed covering all the functionality required by the business and how it is addressed in the application. It covers all the data inputs, data processing and data outputs.

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Product fit analysis

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A Product fit analysis (PFA) is a form of requirements analysis of the gap between an IT product's functionality and required functions. It is a document...

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Requirements analysis

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engineering, requirements analysis focuses on the tasks that determine the needs or conditions to meet the new or altered product or project, taking account...

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Gap analysis

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use of a system). Note that "GAP analysis" has also been used[by whom?] as a means of classifying how well a product or solution meets a targeted need...

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Product concept

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consideration market analysis, customer experience, product features, product cost, strategic fit, and product architecture. A product concept should describe...

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SWOT analysis

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situation as well as a portfolio of products/services and an analysis of the product/service lifecycle Analysis of existing strategies—this should determine...

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Analysis of variance

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Analysis of variance (ANOVA) is a collection of statistical models and their associated estimation procedures (such as the "variation" among and between...

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Factor analysis

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variables in a dataset. Factor analysis is commonly used in psychometrics, personality psychology, biology, marketing, product management, operations research...

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Product lifecycle

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the product and industry in question but the main processes are: Conceive Specification Concept design Design Detailed design Validation and analysis (simulation)...

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Bivariate analysis

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Bivariate analysis is one of the simplest forms of quantitative (statistical) analysis. It involves the analysis of two variables (often denoted as X, Y)...

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Minimum viable product

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collection, analysis and learning. One seeks to minimize the total time spent on an iteration. The process is iterated until a desirable product/market fit is...

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Least squares

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method of least squares is a parameter estimation method in regression analysis based on minimizing the sum of the squares of the residuals (a residual...

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Gross domestic product

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is, therefore, the product of a vast patchwork of statistics and a complicated set of processes carried out on the raw data to fit them to the conceptual...

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Linear regression

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include analysis of data involving repeated measurements, such as longitudinal data, or data obtained from cluster sampling. They are generally fit as parametric...

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Pearson correlation coefficient

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data. It is the ratio between the covariance of two variables and the product of their standard deviations; thus, it is essentially a normalized measurement...

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Linear discriminant analysis

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Linear discriminant analysis (LDA), normal discriminant analysis (NDA), or discriminant function analysis is a generalization of Fisher's linear discriminant...

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PeakFit

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PeakFit is an automated nonlinear peak separation and analysis software package for scientists performing spectroscopy, chromatography and electrophoresis...

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Principal component analysis

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terms, PCA also tends to fit relatively well the off-diagonal correlations.: 158  Results given by PCA and factor analysis are very similar in most situations...

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Data analysis

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to the analysis, which is specified based upon the requirements of those directing the analytics (or customers, who will use the finished product of the...

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Time series

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Population Analysis. Springer Science & Business Media. p. 165. ISBN 978-0-306-43997-1. functions are fulfilled if we have a good to moderate fit for the...

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Regression analysis

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of regression analysis is linear regression, in which one finds the line (or a more complex linear combination) that most closely fits the data according...

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Logistic regression

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regression analysis could be used. The table shows the number of hours each student spent studying, and whether they passed (1) or failed (0). We wish to fit a...

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Situation analysis

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the firm. The purpose of the situation analysis is to indicate to a company about the organizational and product position, as well as the overall survival...

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Structural equation modeling

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IL. Hu, L.; Bentler, P.M. (1999) "Cutoff criteria for fit indices in covariance structure analysis: Conventional criteria versus new alternatives." Structural...

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Polynomial regression

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variable y is modeled as an nth degree polynomial in x. Polynomial regression fits a nonlinear relationship between the value of x and the corresponding conditional...

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Correlation coefficient

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whether the data is a measurement, ordinal, or categorical. The Pearson product-moment correlation coefficient, also known as r, R, or Pearson's r, is...

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