The integration of data from statistical procedures,empirical methods,and formal rules to formulate descriptions and make predictions is referred to as
A) actuarial prediction.
B) clinical prediction.
C) empirical prediction.
D) formal prediction.

Question

Quizplus · Accepted Answer

The integration of data from statistical procedures, empirical methods, and formal rules is an actuarial prediction. Actuarial predictions involve using empirical and statistical data to make predictions about future events or outcomes. This approach is often used in insurance and finance to assess risk and make pricing decisions. Clinical prediction, on the other hand, relies on expert judgment and clinical experience to make predictions about patient outcomes. Empirical and formal prediction are not widely recognized terms in this context.

The Integration of Data from Statistical Procedures,empirical Methods,and Formal Rules