|
Actuarial prediction Any prediction based upon purely statistical information and not subjective judgement. Characterized by mechanical processing of information leading to probabilities representing empirically determined relative frequencies such as the comparison of psychometric test scores with normative data. Almost always more accurate than clinical prediction.
(see also: statistical decision-making, statistic, statistical evidence, Law of large numbers, Probability) Back to: Glossary A-C, Glossary D-H, Glossary I-P, Glossary Q-S, Glossary T-Z
» Return to belief, judgement, and clear thinking »
Labels:
actuarial prediction, definition: ‘actuarial prediction’, prediction based upon purely statistical information and not subjective judgement |