ELI5: Explain Like I'm 5

Technometrics

Technometrics is the use of mathematical and statistical methods to study and analyze technology. For example, technometrics can be used to analyze how different products can do the same job, so you can choose the one that will work best for you. Technometrics can also be used to find out how well new products will do, so companies can figure out if it's worth investing time and money in developing them. Technometrics can be used to answer all sorts of questions, from figuring out what features are important to people to predicting how successful a product will be. It's a very useful tool!