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Hit rate is a metric or measure of business performance traditionally associated with sales. It is defined as the number of sales of a product divided by the number of customers who go online, planned call, or visit a company to find out about the product.[1]
Sales can be measured either as the sum of dollars pursued or the number of deals pursued. Accurate calculation requires clear definition of when a sales opportunity is firm enough to be included in the metric, as well as firm disposition of the opportunity (i.e. the deal has reached a point where it is considered won, lost or abandoned).
The hit rate may be measured for the whole sales force or by sales region, sales person or product group. It may be used to benchmark the different sales periods and to benchmark the effectiveness of the own sales force with other companies of the same sector.
Due to the high costs involved with making proposals, the hit rate is a very useful tool especially for companies in industrial marketing.[citation needed]
^"Hit rate". Cambridge Online Dictionary. Retrieved 22 April 2016.
Hitrate is a metric or measure of business performance traditionally associated with sales. It is defined as the number of sales of a product divided...
found from measurements of the hitrate and false-alarm rate. It is calculated as: d′ = Z(hitrate) − Z(false alarm rate), where function Z(p), p ∈ [0...
around twenty-eight kamikaze hit 15 ships, representing a hitrate of nearly 50%, vastly exceeding the 10–15% hitrate of kamikazes throughout the Pacific...
1997 to 2008. Of the 1,498 trials, 483 produced hits, corresponding to a hitrate of 32.2%. This hitrate is statistically significant with p < .001. Participants...
complement of the type II error rate (i.e., one minus the type II error rate). Precision is related to the type I error rate, but in a slightly more complicated...
PPV and NPV are not intrinsic to the test (as true positive rate and true negative rate are); they depend also on the prevalence. Both PPV and NPV can...
1997 to 2008. Of the 1,498 trials, 483 produced hits, corresponding to a hitrate of 32.2%. This hitrate is statistically significant with p < .001. Participants...
cache hitrate and the cache miss rate play an important role in determining this performance. To improve the cache performance, reducing the miss rate becomes...
transformation as zROC, below, except that the complement of the hitrate, the miss rate or false negative rate, is used. This alternative spends more graph area on...
before, with the average load being kept very low because of the high cache hitrate. However, under very heavy load, when the cached version of that page expires...
a compromise between hitrate and latency. Hit-rate measurements are typically performed on benchmark applications, and the hit ratio varies by application...
allowing him to have been a league leader in stolen bases, bunt hits and infield-hitrate. Scouts have timed Ohtani running from the batter's box to first...
Birth rate, also known as natality, is the total number of live human births per 1,000 population for a given period divided by the length of the period...
hardware as only one tag needs to be checked at a time. It has lower cache hitrate, as there is only one cache line available in a set. Every time a new memory...
scale or the seller may have targets to hit or reduce their rates to conclude a deal for a variety of reasons. Rate cards may also provide additional details...
engagement of multiple targets. DMRs have to be effective, in terms of hitrates and terminal ballistics, at application ranges exceeding those of ordinary...
The lapse rate is the rate at which an atmospheric variable, normally temperature in Earth's atmosphere, falls with altitude. Lapse rate arises from the...
request prevents one-hit wonders from entering the disk cache, significantly reducing disk workload and increasing disk cache hitrates. Google Bigtable,...
conflict arise. Although in Operation Protective Edge it had a 90 percent hitrate against only rockets determined to be headed for populated areas, 735 intercepts...
overall crime rate, especially the violent crime rate, is higher than the US average. Gangs in Chicago have a role in the city's crime rate. The number...
The Guardian, said of the pilot episode "There's a satisfyingly high gag hit-rate for this new comedy about a radio presenter". He is also a semi-regular...
capable of firing at a range of up to 200 yards (183 meters) with a high hitrate. The Baker rifle was used by skirmishers facing their opponents in pairs...