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Churn rate (also known as attrition rate, turnover, customer turnover, or customer defection) [1] is a measure of the proportion of individuals or items moving out of a group over a specific period. It is one of two primary factors that determine the steady-state level of customers a business will support.
In science, attrition are ratios regarding the loss of participants during an experiment. Attrition rates are values that indicate the participant drop out.
Employee attrition, employee turnover, and employee churn all refer to an employee quitting the job, and are often used as synonyms. For the first two terms, the difference is due to the context, i.e., the reasons for the employee leaving.
Meanwhile, for businesses, the National Bureau of Economic Research found that the popular 3-2 pattern lowers attrition and increases efficiency. This story was originally featured on Fortune.com ...
The higher the deficit, the riskier it becomes to hold US debt, which tends to grow when the deficit does. As a result, the government could have to pay higher interest rates to borrow money.
This is known as attrition and it can come about in two ways (Rossi et al., 2004): targets drop out of the intervention or control group cannot be reached or targets refuse to co-operate in outcome measurement. Differential attrition is assumed when attrition occurs as a result of something either than explicit chance process (Rossi et al., 2004).
Attrition bias is a kind of selection bias caused by attrition (loss of participants), [13] discounting trial subjects/tests that did not run to completion. It is closely related to the survivorship bias , where only the subjects that "survived" a process are included in the analysis or the failure bias , where only the subjects that "failed" a ...
Attrition (dental), loss of tooth structure by mechanical forces from opposing teeth; Attrition (erosion), the wearing away of rocks in rivers or the sea; Attrition, also known as Final Mission, 2018 american film; Imperfect contrition, also known as attrition, in Catholic theology; Customer attrition, loss of business clients or customers