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  • Value at risk — (VaR) is a maximum tolerable loss that could occur with a given probability within a given period of time. VaR is a widely applied concept to measure and manage many types of risk, although it is most commonly used to measure and manage the… …   Wikipedia

  • Value Measuring Methodology — (or VMM) is a tool that helps planners balance both tangible and intangible values when making investment decisions, and monitor benefits.Formal methods to calculate the Return on Investment (or ROI) have been widely understood and used for a… …   Wikipedia

  • Accuracy — Ac cu*ra*cy (#; 277), n. [See {Accurate}.] The state of being accurate; freedom from mistakes, this exemption arising from carefulness; exact conformity to truth, or to a rule or model; precision; exactness; nicety; correctness; as, the value of… …   The Collaborative International Dictionary of English

  • Accuracy and precision — In the fields of science, engineering, industry and statistics, accuracy is the degree of closeness of a measured or calculated quantity to its actual (true) value. Accuracy is closely related to precision, also called reproducibility or… …   Wikipedia

  • Accuracy paradox — The accuracy paradox for predictive analytics states that predictive models with a given level of accuracy may have greater predictive power than models with higher accuracy. It may be better to avoid the accuracy metric in favor of other metrics …   Wikipedia

  • Value chain — The value chain, also known as value chain analysis, is a concept from business management that was first described and popularized by Michael Porter in his 1985 best seller, Competitive Advantage: Creating and Sustaining Superior Performance .A… …   Wikipedia

  • accuracy — The degree to which a measurement, or an estimate based on measurements, represents the true value of the attribute that is being measured. In the laboratory, a. of a test is determined when possible by comparing results from the test in question …   Medical dictionary

  • accuracy — noun The state of being accurate; freedom from mistakes, this exemption arising from carefulness; exact conformity to truth, or to a rule or model; exactness; nicety; correctness The value of testimony depends on its accuracy. Syn: correctn …   Wiktionary

  • accuracy — noun (plural cies) Date: 1662 1. freedom from mistake or error ; correctness 2. a. conformity to truth or to a standard or model ; exactness b …   New Collegiate Dictionary

  • accuracy — A measure of the closeness to the true value …   Fisheries — dictionary

  • accuracy — A measure of the closeness to the true value …   Fisheries — dictionary

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