Accuracy, Precision
Accuracy, Precision
Accuracy, Precision
1. Absolute method
2. Comparative method
Absolute method
Comparative method:
Precision measures:
2. Median:
The median is a value about which all the other are equally distributed.
Half of the values are smaller and the other half are larger than the median
value.
It is the central value of all the observations arranged fron the lowest to
highest.