BASE RATE
Charles François (2004). BASE RATE, International Encyclopedia of Systems and Cybernetics, 2(1): 237.
| Collection | International Encyclopedia of Systems and Cybernetics |
|---|---|
| Year | 2004 |
| Vol. (num.) | 2(1) |
| ID | ◀ 237 ▶ |
| Object type | General information, Methodology or model |
The general probability of an event to occur.
Such a rate is more easy to determine for frequent events , as for example the occurence of rainy or snowy days in New York, than for rare events as for example hurricanes in Miami.