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  2. Accuracy and precision - Wikipedia

    en.wikipedia.org/wiki/Accuracy_and_precision

    Accuracy is also used as a statistical measure of how well a binary classification test correctly identifies or excludes a condition. That is, the accuracy is the proportion of correct predictions (both true positives and true negatives) among the total number of cases examined. [10]

  3. Approximation error - Wikipedia

    en.wikipedia.org/wiki/Approximation_error

    Best rational approximants for π (green circle), e (blue diamond), ϕ (pink oblong), (√3)/2 (grey hexagon), 1/√2 (red octagon) and 1/√3 (orange triangle) calculated from their continued fraction expansions, plotted as slopes y/x with errors from their true values (black dashes)

  4. Condition number - Wikipedia

    en.wikipedia.org/wiki/Condition_number

    Condition numbers can also be defined for nonlinear functions, and can be computed using calculus.The condition number varies with the point; in some cases one can use the maximum (or supremum) condition number over the domain of the function or domain of the question as an overall condition number, while in other cases the condition number at a particular point is of more interest.

  5. Machine epsilon - Wikipedia

    en.wikipedia.org/wiki/Machine_epsilon

    By this definition, ε equals the value of the unit in the last place relative to 1, i.e. () (where b is the base of the floating point system and p is the precision) and the unit roundoff is u = ε / 2, assuming round-to-nearest mode, and u = ε, assuming round-by-chop.

  6. Symmetric mean absolute percentage error - Wikipedia

    en.wikipedia.org/wiki/Symmetric_mean_absolute...

    The absolute difference between A t and F t is divided by half the sum of absolute values of the actual value A t and the forecast value F t. The value of this calculation is summed for every fitted point t and divided again by the number of fitted points n.

  7. Round-off error - Wikipedia

    en.wikipedia.org/wiki/Round-off_error

    In computing, a roundoff error, [1] also called rounding error, [2] is the difference between the result produced by a given algorithm using exact arithmetic and the result produced by the same algorithm using finite-precision, rounded arithmetic. [3]

  8. Absolute and relative terms - Wikipedia

    en.wikipedia.org/wiki/Absolute_and_relative_terms

    Absolute terms describe properties that are ideal in a Platonic sense, but that are not present in any concrete, real-world object. For example, while we say of many surfaces of physical things that they are flat, a rather reasonable interpretation of what we presumably observe makes it quite doubtful that these surfaces actually are flat.

  9. Efficiency (statistics) - Wikipedia

    en.wikipedia.org/wiki/Efficiency_(statistics)

    The relative efficiency of two unbiased estimators is defined as [12] (,) = ⁡ [()] ⁡ [()] = ⁡ ⁡ ()Although is in general a function of , in many cases the dependence drops out; if this is so, being greater than one would indicate that is preferable, regardless of the true value of .