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mean life
(redirected from Mean lifetime)

   Also found in: Acronyms, Encyclopedia, Wikipedia 0.01 sec.
mean life
n
(Physics / General Physics) Physics the average time of existence of an unstable or reactive entity, such as a nucleus, elementary particle, charge carrier, etc.; lifetime. It is equal to the half-life divided by 0.693 15. Symbol τ


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Reichheld prefers the term net present value (NPV) to the term customer lifetime value: "Admittedly, customer NPV doesn't roll off the tongue as easily as the more common term, lifetime customer value, but that term has been used most often to mean lifetime revenue stream, as opposed to the discounted stream of profit net of acquisition investment" (1996: 224).
The distribution's mean lifetime is 75 months and its median is 73 months.
 
 
 
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