Examlex
What is crowdsourcing? What benefits does crowdsourcing provide companies? Give a real-world example of crowdsourcing and how it benefits that company.
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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