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What is the meaning of KPI in statistics?


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What is the meaning of KPI in statistics?
in Data Science & Statistics by Bronze Status (5.7k points) | 238 views

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KPI stands for key performance analysis in statistics. It is used as a reliable metric to measure the success of a company with respect to its achieving the required business objectives.

There are many good examples of KPIs:

  • Profit margin percentage
  • Operating profit margin
  • Expense ratio
by Bronze Status (5.7k points)

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