Examlex
What do we call statistics that are used to interpret data and draw conclusions
Average Time
A metric that represents the mean duration taken for a specific process or activity to occur, often used in operations and project management.
Standard Time
The predetermined amount of time allocated for the completion of a specific task, under normal working conditions.
Error Level
A measure of the frequency or magnitude of mistakes, inaccuracies, or deviations from a standard within a process or system.
Confidence
The feeling or belief that one can rely on someone or something; firm trust.
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