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A high ROC AUC, such as 0.9 for example, might correspond to low values of precision and negative predictive value, such as 0.2 and 0.1 in the [0, 1] range. If one performed a binary classification, obtained an ROC AUC of 0.9 and decided to focus only on this metric, they might overoptimistically believe their binary test was excellent.
Optical mark recognition (OMR) collects data from people by identifying markings on a paper. OMR enables the hourly processing of hundreds or even thousands of documents. A common application of this technology is used in exams, where students mark cells as their answers. This allows for very fast automated grading of exam sheets.
A check sheet is a form (document) used to collect data in real time at the location where the data is generated. The data it captures can be quantitative or qualitative. When the information is quantitative, the check sheet is sometimes called a tally sheet. [1] The check sheet is one of the so-called Seven Basic Tools of Quality Control. [2]
The Regulatory Compliance Mark (RCM) is a trademarked symbol that denotes a claim that a product is safe for use in Australia and New Zealand because it satisfies applicable regulatory requirements. [1]
Canadian certification label on a bag of rockwool Counterfeit electrical cords with false UL certification marks. A certification mark on a commercial product or service is a registered mark that enables its owner ("certification body") to certify that the goods or services of a particular provider (who is not the owner of the certification mark) have particular properties, e.g., regional or ...
Monitoring compliance with the requirements of the Orders; Calculating annually the buy-out price; Receiving buy-out payments and redistributing the buy-out fund; Receiving late payments and redistributing the late payment fund, and; Publishing an annual report on the operation of and compliance with the requirements of the Orders.
Compliance refers to adhering with the mandated boundaries (laws and regulations) and voluntary boundaries (company's policies, procedures, etc.). [ 9 ] [ 10 ] GRC is a discipline that aims to synchronize information and activity across governance, and compliance in order to operate more efficiently, enable effective information sharing, more ...
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