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Statistical Definitions
R
2
Shows how well a distribution of points fit on a straight line. The closer the R
2
value is to 1
the more correlated the data the better the accuracy.
In the above definition,
The average
The Standard deviation represents precision and reproducibility.
Precision verses accuracy
Figure A.4.1 Good Precision
Figure A.4.2 Good Accuracy
Bad
Accuracy
Bad
Precision
Root Mean
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