Definition of «predictability»

Predictability refers to the ability to make accurate predictions or forecasts about a particular event, situation or outcome. In other words, it is how likely something is to happen based on past data and patterns. The more predictable an event or phenomenon is, the easier it is to anticipate what will occur in the future based on current information. Predictability can be measured using various statistical methods such as correlation coefficients, standard deviations, and other mathematical models that help determine how much of a given variable can be predicted from another. In general, predictability refers to the level of certainty or uncertainty about an event or outcome, with higher levels of predictability indicating greater likelihoods of accurate forecasting.

Sentences with «predictability»

  • In such uncertain environments, investors seek out companies with more predictability of earnings. (putnam.com)
  • There are additional sources of predictability for year - to - year time scales. (fivethirtyeight.com)
  • However, it is compatible with predictability of any degree short of perfection in any physical system from atom to man. (religion-online.org)
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