Maybe “Is accurate enough that it doesn’t change our answer by an unacceptable amount”? The level of accuracy we want depends on context.
How would you measure the accuracy of a model, other than by its probability of giving accurate answers? “Accurate” depends on what margin of error you accept, or you can define it with increasing penalties for increased divergence from reality.
Maybe “Is accurate enough that it doesn’t change our answer by an unacceptable amount”? The level of accuracy we want depends on context.
How would you measure the accuracy of a model, other than by its probability of giving accurate answers? “Accurate” depends on what margin of error you accept, or you can define it with increasing penalties for increased divergence from reality.