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While the term seems to originate in the insurance industry (which applies a form of the reasonable rule by determining, for example, whether it is reasonable for a particular medical procedure to be done on a particular client in order to determine if the medical insurance company will pay for that procedure), it applies in many other areas, including:
It is usually done as products leave the factory, or in some cases even within the factory. Most often a producer supplies a consumer with several items and a decision to accept or reject the items is made by determining the number of defective items in a sample from the lot.
Accountability for reasonableness is an ethical framework that describes the conditions of a fair decision-making process. It focuses on how decisions should be made and why these decisions are ethical. It was developed by Norman Daniels and James Sabin and is often applied in health policy and bioethics. [1]
In constitutional and administrative law, reasonableness is a lens through which courts examine the constitutionality or lawfulness of legislation and regulation. [ 12 ] [ 13 ] [ 14 ] According to Paul Craig , it is "concerned with review of the weight and balance accorded by the primary decision-maker to factors that have been or can be deemed ...
The reasonable person model (RPM) is a psychological framework which argues that people are at their best when their informational needs are met.Positing that unreasonableness is not a human trait, but rather the result of environment (context and circumstances), the RPM attempts to define the environments/actions that foster reasonableness, defining three key areas that assist with this ...
Basis of estimate (BOE) is a tool used in the field of project management by which members of the project team, usually estimators, project managers, or cost analysts, calculate the total cost of the project.
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One form of tracking signal is the ratio of the cumulative sum of forecast errors (the deviations between the estimated forecasts and the actual values) to the mean absolute deviation. [1] The formula for this tracking signal is: = ()