Systems Designers Evaluate Each Alternative in the Systems Design Phase

question 61

Short Answer

Systems designers evaluate each alternative in the systems design phase for _______ by looking at economic, technical, and operational factors.

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Definitions:

Arithmetic Average Return

The simple average of a series of returns generated over a period of time.

Variance

A statistical measurement of the dispersion of returns for a given security or market index, indicating volatility.

Time Horizon

The length of time over which an investment is expected to be held or a financial goal is to be achieved.

Standard Deviation

A measure of the dispersion or variability in a dataset, commonly used in finance to assess the volatility of an asset's returns over time.