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Even if no profits are realized, private-equity firms get paid: under the "2 and 20" compensation structure, they receive a two-per-cent fee annually on assets under management, in addition to a twenty-per-cent cut of profits beyond a given benchmark.
The BER performance of perfect CSI is also given as a benchmark.
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Beta refers to the correlation of return of your portfolio compared to a given benchmark and Alpha refers to the excess return above and beyond the benchmark.
Moreover, professional managers are typically judged and compensated by how well they track a given benchmark.
Only the jackknife test is the least arbitrary that can always yield a unique result for a given benchmark dataset.
For FFP, we used the word length that gave the best results for a given category of benchmark sequences.
Let {(P_{j}^{b})} (j = 13…60) denote the benchmark ACL data in a given time-section.
Can the benchmark be used to compare different implementations of a given Web service?
The benchmark procedure presented here greatly helps in the choice of a good mapper for a given application and dataset.
It didn't even help the poor performers to be given a benchmark.
Giving a benchmark of ranking pages for anyone to see in what they called page rank.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com