Definitions (2)
1. An inclination or preference that influences judgment from being balanced or even-handed. Prejudice is bias in pejorative sense.
2. Statistics: A systemic inaccuracy in data due to the characteristics of the process employed in the creation, collection, manipulation, and presentation of data, or due to faulty sample design of the estimating technique.
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Searching for a Competitive Advantage? Consider These Questions
We always ask whether we ourselves have any competitive advantage in analyzing a particular company. Can we know the business better because no one else seems to be paying attention? Is the market's v ... Read more
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