The process of quantifying performance, often involving the mathematical manipulation of raw data, transforms observations into meaningful insights. For example, website traffic analysis might involve computing the average session duration or bounce rate from server logs. These computed values provide a concise summary of user behavior, enabling informed decision-making.
This quantification offers objective benchmarks for evaluating success, identifying areas for improvement, and tracking progress over time. Historically, relying solely on subjective assessments limited the ability to accurately gauge performance. The shift towards data-driven evaluations marked a significant advancement, facilitating more rigorous and evidence-based approaches across various fields, from business management to scientific research.
