Categories: Product Development
A beta version of a program, game etc… is an unfinished version released to either the public a select few or whoever signs up to beta test it for bugs or glitches (Source: Urban Dictionary) The focus of beta testing is reducing impacts to users The process of delivering a beta version to the users is called beta release and this is typically the first time that the software is available outside of the organization that developed it. (Source WikiPedia)
Definition of "Beta" by Chat GPT: In finance, the term "beta" refers to a measure of an investment's volatility in relation to the overall market. It shows how much an investment's price typically moves in relation to the market as a whole. A beta of 1 indicates that the investment's price moves in line with the market, while a beta greater than 1 suggests higher volatility, and a beta less than 1 indicates lower volatility.
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