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This estimate can then be compared to the findings of observational research. Note that benchmarking is an attempt to calibrate non-statistical uncertainty (flaws in underlying assumptions). When combined with meta-analysis this method can be used to understand the scope of bias associated with a specific area of research.
Operational benchmarking embraces everything from staffing and productivity to office flow and analysis of procedures performed. [11] Energy benchmarking - process of collecting, analysing and relating energy performance data of comparable activities with the purpose of evaluating and comparing performance between or within entities. [12]
Benchmarking is sometimes referred to as 'post-stratification' because of its similarities to stratified sampling.The difference between the two is that in stratified sampling, we decide in advance how many units will be sampled from each stratum (equivalent to benchmarking cells); in benchmarking, we select units from the broader population, and the number chosen from each cell is a matter of ...
PowerStats is a highly automated platform intended to allow groups of competitors to contribute, manage and visualize data for purposes of benchmarking. Participants load raw data on a regular basis, and PowerStats creates relevant KPIs in real-time, making them available via self-service charts and tables via its online interface.
Data envelopment analysis (DEA) is a nonparametric method in operations research and economics for the estimation of production frontiers. [1] DEA has been applied in a large range of fields including international banking, economic sustainability, police department operations, and logistical applications [2] [3] [4] Additionally, DEA has been used to assess the performance of natural language ...
Evaluation measures may be categorised in various ways including offline or online, user-based or system-based and include methods such as observed user behaviour, test collections, precision and recall, and scores from prepared benchmark test sets.
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