Three-Sigma Rule
A statistical rule stating that nearly all values in a normal distribution (99.7%) lie within three standard deviations (sigma) of the mean.
A statistical rule stating that nearly all values in a normal distribution (99.7%) lie within three standard deviations (sigma) of the mean.
An organizational structure that emphasizes flexibility, employee initiative, and decentralized decision-making.
Build-Measure-Learn (BML) is a feedback loop used in Lean Startup methodology where a product is built, its performance is measured, and learnings are used to make improvements.
Also known as "Maslow's Hammer," a cognitive bias where people rely too heavily on a familiar tool or method, often summarized as "if all you have is a hammer, everything looks like a nail.".
The process of identifying unusual patterns or outliers in data that do not conform to expected behavior.
A group of stakeholders that regularly meet to discuss and guide the development and strategy of a product or product line.
The degree to which a system's components may be separated and recombined, often used in the context of software or hardware design.
The final interaction a customer has with a brand before making a purchase.
Not Invented Here (NIH) syndrome refers to the aversion to using or buying products, research, or knowledge developed outside an organization.