What measure how far the predictions are from the actual values
Answers
Answered by
0
The mathematic Theory of Probability states a set of formulae that enables the outcomes of a given event to be predicted. However, there are several instances where this prediction is inaccurate and varies with the observed outcome.
The mathematical term that is used to measure this change or difference between the theoretical and practical value is known as variance. Variance is defined as the square root of expectation, denoted by sigma.
Variance can be used in many fields to prevent inaccuracies in further experiments.
Answered by
0
probability concept can be used to predict any actual values or outcomes
Similar questions