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French to English translations [PRO]
Bus/Financial - Mathematics & Statistics / storage | | French term or phrase: calcul empirique | | La Procédure de prévision par calcul empirique des consommations d’articles de stockage |
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| Reference: Empirical rule
Reference information:
The Empirical Rule is most often used in statistics for forecasting final outcomes. After a standard deviation is calculated, and before exact data can be collected, this rule can be used as a rough estimate as to the outcome of the impending data. This probability can be used in the meantime as gathering appropriate data may be time consuming, or even impossible to obtain.
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| Feb 21, 2010 - Changes made by Stéphanie Soudais: | | Field (specific) | Management => Mathematics & Statistics |
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