Glossary Category: Decisions

Terms used for the final decision-making (truthful categorization) step of a statistical decision.

All Glossary Categories:

All Universalities:

  • AQL

    Acronym for acceptance quality level.

  • Context

    The situation surrounding a decision to be made.

  • Diagnostic 2×2

    A matrix used to assess errors when a decision is to be made.

  • Event

    The unknown happening we estimate when a decision is to be made.

  • Observation

    The data gathered for a decision to be made.

  • Process

    The method for making a decision.

  • Regular Decision

    Any non-statistical decision (most decisions are in this category).

  • RQL

    Acronym for rejection quality level.

  • Statistical Decision

    A decision best made by careful study of the numbers.

  • Truthful Classification

    The actual (possibly unknowable) correct answer when a decision is to be made.