Engagement Score
A metric used to rank leads based on their engagement with a brand, indicating their readiness to purchase.
32 topics found for
“model accuracy”
Central Limit Theorem
A statistical theory that states that the distribution of sample means approximates a normal distribution as the sample size becomes larger, regardless of the population's distribution.
ROI
Return on Investment (ROI) is a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of different investments.
Certainty Effect
A cognitive bias where people give greater weight to outcomes that are certain compared to those that are merely probable.
Sales Forecasting
The process of estimating future sales based on historical data, trends, and market analysis.
Regressive Bias
A cognitive bias where individuals overestimate the likelihood of extreme events regressing to the mean.
Knowledge Engineering
The process of integrating knowledge into computer systems to solve complex problems, often used in AI development.
IoT
Internet of Things (IoT) refers to a network of interconnected physical devices embedded with electronics, software, sensors, and network connectivity, enabling them to collect and exchange data.
Demand Forecasting
The process of predicting future customer demand using historical data and other information.