Correct Prediction
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A correct prediction is a prediction that is found to match a success event definition.
- AKA: True Prediction, Successful Prediction.
- Context:
- It can be a Correct Class Prediction (for Classification Tasks) if the Concept Class Member matches the True Test Instance.
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- Example(s):
- If a person is predicted to be a good credit risk and never defaults on their credit then the prediction is said to be correct.
- If a person is predicted to pay their bill before July 21, 2010 and they pay their bill on July 18, 2010.
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- Counter-Example(s):
- See: Accurate Prediction, Confident Prediction, Confidence Interval, True Belief.