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Definition. The false positive rate is = +. where is the number of false positives, is the number of true negatives and = + is the total number of ground truth negatives.. The level of significance that is used to test each hypothesis is set based on the form of inference (simultaneous inference vs. selective inference) and its supporting criteria (for example FWER or FDR), that were pre ...
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Sensitivity (true positive rate) is the probability of a positive test result, conditioned on the individual truly being positive. Specificity (true negative rate) is the probability of a negative test result, conditioned on the individual truly being negative. If the true status of the condition cannot be known, sensitivity and specificity can ...
Accuracy is how close a given set of measurements ( observations or readings) are to their true value . Precision is how close the measurements are to each other. In other words: Precision is a description of random errors (a measure of statistical variability ). Accuracy has two definitions, per ISO: [1]
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Failure rate. Failure rate is the frequency with which an engineered system or component fails, expressed in failures per unit of time. It is usually denoted by the Greek letter λ (lambda) and is often used in reliability engineering . The failure rate of a system usually depends on time, with the rate varying over the life cycle of the system.