Prospect Theory
A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known.
1005 topics found for
“consistency improvement”
GIGO
Garbage In-Garbage Out (GIGO) is a principle stating that the quality of output is determined by the quality of the input, especially in computing and data processing.
Server-Side
Operations and processes that occur on a server rather than on the user's computer.
Kanban Board
A visual tool in agile project management that displays tasks to be done, in progress, and completed, often using columns and cards.
Niche Market
A small, specialized market segment focused on a particular product or service, often characterized by a unique demand.
Problem Statement
A clear, concise description of the issue(s) that need to be addressed, focusing on the specific challenge and its impact.
Environmental Design
The process of addressing surrounding environmental parameters when devising plans, programs, policies, buildings, or products.
HITL
Human in the Loop (HITL) integrates human judgment into the decision-making process of AI systems.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.