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Software as a Service (SaaS) Is a Web-Based Model of Software

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Software as a Service (SaaS) is a Web-based model of software distribution where multiple users may simultaneously use the software.


Definitions:

Normal Distributions

A symmetric probability distribution around the mean, demonstrating that frequencies decrease as distances from the mean increase.

Standard Normal Distribution

A probability distribution with a mean of 0 and a standard deviation of 1, often used in statistical analysis.

Standard Deviation Units

Units of measurement derived from the standard deviation, used to quantify the variation or dispersion of a set of data points.

Bell-Shaped

Describes the graphical representation of a normal distribution, where most values cluster around a central peak and the distribution tapers off symmetrically towards both tails.

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