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Calculating Economic Feasibility in IT Projects Is Straightforward Because It

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Calculating economic feasibility in IT projects is straightforward because it is done using standard financial techniques--ROI,NPV,and breakeven analysis.


Definitions:

Pearson Correlation

A measure of the linear correlation between two variables X and Y, giving a value between -1 and 1.

Positive Correlation

The relationship between two variables where both variables move in the same direction.

IQ Score

A measure of a person's intellectual abilities compared to the average population, typically scored on a scale where 100 is the average.

First-Grader

Refers typically to a student in the first grade of school, being their second year of formal education, usually six or seven years old in many countries.

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