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Lexeme: benchmark data  
Very Rare (0.01)
Definition:
  1. noun. Benchmark data refers to a set of standard measurements or statistics that are used to assess and compare the performance or effectiveness of a particular system, process, product, or organization. It serves as a reference point or a baseline against which performance can be evaluated and improvements can be identified. Benchmark data is often collected from multiple sources or similar entities within an industry or field to provide comparative insights and determine best practices. It helps organizations set goals, track progress, and make informed decisions based on industry standards and trends. GPT3.5
Word Forms:
  • noun. benchmark data (singular), benchmark data (plural)
Synonyms:
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