Question

Which of the following are common key performance indicators (KPIs) within dashboards of data-driven systems?

1) Performance metrics, such as accuracy and cost functions
2) Model training time
3) Operating cashflow forecast
4) Earnings before interest, taxes, depreciation, and amortization (EBITDA)

Answer 1

Common key performance indicators (KPIs) within dashboards of data-driven systems include performance metrics, model training time, operating cashflow forecast, and EBITDA.

Key Performance Indicators (KPIs) are metrics that measure the performance and progress of a business. Within dashboards of data-driven systems, some common KPIs include:

1. Performance metrics: These can include accuracy and cost functions, which assess how well a system is performing.
2. Model training time: This measures the time it takes to train a model, which can affect the efficiency and effectiveness of the system.
3. Operating cashflow forecast: This KPI projects the amount of cash that will be generated or spent by a business in the future. It helps evaluate the financial health and stability of the business.
4. Earnings before interest, taxes, depreciation, and amortization (EBITDA): EBITDA is a financial indicator that reflects a company's profitability by excluding certain expenses. It provides insight into the operational performance of the business.