Rounding error

In numerical analysis, rounding error is the difference between the calculated approximation of a number and its actual value. The error is due to the finite precision of the floating point arithmetic used by the computer. For example, if a computer is using 32-bit floating point arithmetic, the largest number it can represent is 2^31-1. … Read more

Purchase intent

Purchase intent is the level of interest that a consumer has in a product or service. It is typically measured through surveys and questionnaires that ask consumers how likely they are to purchase a product or service. Purchase intent is important for businesses to understand because it can help them gauge consumer interest in their … Read more

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