Examlex
The American Society for Quality Control defines quality as the totality of features and characteristics that impact on the ability of a product or service to satisfy needs.
Conditional Probability
The probability of an event occurring given that another event has already occurred.
Hurdle Rate
The minimum rate of return on a project or investment required by a manager or investor.
Rate of Return
The gain or loss of an investment over a specified period, expressed as a percentage of the investment's cost.
Return on Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit divided by the initial cost.
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