Alpha Tests Are

question 33

Multiple Choice

Alpha tests are:

• A)designed to tell if original customer needs have been met.
• B)quick tests of a very early version of the product with employees.
• C)short-term use tests,at selected external customer sites.
• D)often preceded by external beta tests with customers.

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Definitions:

Geometric Average Return

A method for calculating the average rate of return on an investment, which accounts for the effects of compound interest.

Rates of Return

The gains or losses on an investment over a specified period, expressed as a percentage of the investment's cost.

Normal Distribution

A bell-shaped frequency distribution curve that is symmetrical about the mean, showing how data points, like stock returns, are dispersed or spread out.

Standard Deviation

Standard deviation is a statistical measure of the dispersion or variance in a dataset, commonly used to assess volatility in finance.