ROI

ROI stands for Return on Investment. It is a performance measure used to evaluate the efficiency or profitability of an investment. In Data Science, ROI is used to measure the success of a project or initiative. It is calculated by dividing the net profit by the cost of the investment. The net profit is the difference between the revenue generated and the cost of the investment. A high ROI indicates that the investment is profitable, while a low ROI indicates that the investment is not profitable. ROI is an important metric in Data Science as it helps organizations to make informed decisions about their investments in data-related projects.
Your Previous Searches
Random Picks
  • Product Backlog: In Data Science and Artificial Intelligence, a Product Backlog is a prioritized list of features or requirements for a project or product. It is a living document that is constantly updated throughout the project lifecycle. The Product Back ... Read More >>
  • Distributed File System: A Distributed File System (DFS) is a file system with data stored on a server that can be accessed and processed by multiple clients simultaneously. It allows for the sharing of files and resources among a group of computers connected to a ... Read More >>
  • Debugging: Debugging is the process of identifying and resolving errors, bugs or defects in software applications, computer programs, or systems. It involves a systematic approach to finding and fixing problems that prevent the software or system from ... Read More >>
Top News

How IRS firings are expected to screw up tax season...

The IRS said it was firing people it deemed not "critical" to tax filing season. Employees said the cuts would affect tax returns and enforcement....

News Source: Business Insider on 2025-02-21

Arizona moves to ban AI use in reviewing medical claims...

Arizona state lawmakers passed new legislation Thursday aiming to restrict the use of artificial intelligence in reviewing medical claims....

News Source: NBC News on 2025-02-21

Meta approves plan for bigger executive bonuses following 5% layoffs...

Executives at Meta stand to get bigger bonuses this year....

News Source: NBC News on 2025-02-21

ChatGPT-generated op-eds appeared in mainstream Latin American media outlets...

Chinese propagandists used ChatGPT to write and translate op-eds that they successfully planted in Spanish-language news outlets last fall, researchers said Friday....

News Source: NBC News on 2025-02-21

AI can decode digital data stored in DNA in minutes instead of days...

A new AI-based method can accurately recover digital data from DNA strands nearly 90 times faster than older techniques, raising the possibility of practical DNA storage for computing...

News Source: New Scientist on 2025-02-21