KYC
Know Your Customer (KYC) is a process used by businesses to verify the identity of their clients and assess potential risks of illegal intentions for the business relationship.
70 topics found for
“behavior assessment”
Empirical Rule
Also known as the 68-95-99.7 Rule, it states that for a normal distribution, nearly all data will fall within three standard deviations of the mean.
Activation Rate
The percentage of users who take a specific action that signifies they are engaging with a product or service.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Cold States
Emotional states where individuals are calm and rational, often contrasted with hot states where emotions run high.
Product Engagement Score
A metric that measures how engaged users are with a product, often based on usage frequency, feature adoption, and user feedback.
Availability Bias
A cognitive bias where people overestimate the importance of information that is readily available.
MRR
Monthly Recurring Revenue (MRR) is a metric that quantifies the predictable revenue generated each month from customers.
Retention Rate
The percentage of users who continue to use a product or service over a specified period, indicating user loyalty and engagement.