Fit Criterion

Fit Criterion
A quantitative comparable measure used to minimize model errors.

5% Confidence
Before conducting statistical tests, an analyst must select a confidence level that will be used to determine when to accept the null hypothesis.

A rule is "fired," "triggered" or "activated" when its conditions have been met, and its "consequents" (resultant facts) are added to the knowledg Fit Criterion: A quantitative comparable measure used to minimize model errors.

See also: Floor broker, Hedge, Derivative, Deposit, Delta neutral