QuestionQ36

Data Science Process

Benchmark measurements are:

Explanation

Benchmark measurements record historical, after-the-fact performance data that is compared against a standard or prior results. Because they show outcomes that have already occurred rather than predicting future performance or driving improvement proactively, they are classified as lag indicators (as opposed to lead indicators, which are predictive and forward-looking, or generic balanced scorecard indicators, which is too broad/nonspecific a category for this distinction).

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