A risk management plan describes how an organization will manage risk. It lays out elements such as the organization's risk approach, the roles and responsibilities of risk management teams, resources that will be used in the risk management process and internal policies and procedures. ISO 31000'...
A reference model is a conceptual framework for understanding relationships. The purpose of the OSI reference model is to guide technology vendors and developers so the digital communications products and software programs they create can interoperate and to promote a clear framework that describes the ...
Act. Short for “interact,” this phase involves engaging with consumers and encouraging them to take top-level actions, like adding an item to their cart or signing up for an email list. Convert. This describes the activities used to actually convert website visitors into paying customers. ...
Homoscedasticity describes the assumption that the variability of the residuals is constant across all levels of the independent variables. Violations of homoscedasticity indicate heteroscedasticity, which can affect the reliability of the regression model. 11. Example Use Case For example, let’s say we...
The Texas Christian University mascot is a lizard, not a frog. The name goes back to 1897 when students adopted the moniker for the school's yearbook and football team. The school's website describes the creature as "small but fierce." Though the Horned Frogs team name was adopted in ...
Serverless architecture describes a design approach in which apps are launched only as needed. When an event triggers app code to run, the public cloud provider allocates resources for that code. The user stops paying when the code finishes executing. Serverless also frees developers from tasks ...
Finance is a term that broadly describes the study and system of money, investments, and other financial instruments. Finance can be broadly divided into three categories: public finance, corporate finance, and personal finance. Subcategories of finance include social finance and behavioral finance. ...
A hybrid cloud is a computing architecture that includes hardware and software running in an on-premises data center and in a public cloud run by a third-party provider. Multicloud describes an approach that uses two or more public cloud providers. Companies often use a multicloud strategy as...
Voice of the Customer (VoC) is a term that describes your customer’s feedback about their experiences with and expectations for your products or services.
The termsAI, machine learning and deep learningare often used interchangeably, especially in companies' marketing materials, but they have distinct meanings. In short, AI describes the broad concept of machines simulating human intelligence, while machine learning anddeep learningare specific techniques ...