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In Terms of System Thinking, What Is Data Entered in a Computer

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In terms of system thinking, what is data entered in a computer?


Definitions:

Confirmation Bias

A cognitive bias that leads individuals to give more weight to evidence that confirms their existing beliefs and dismiss evidence that contradicts them.

Statistical Measure

A value that represents a characteristic of a set of data, such as mean, median, or mode.

Association Coefficient

A statistical measure used to quantify the strength and direction of a relationship between two variables.

Arbitrage

The practice of buying and selling assets in different markets or in derivative forms to take advantage of differing prices for the same asset.

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