Relevance and precision
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Relevance and precision from quantitative analysis to economic policy : essays in honour of Pieter de Wolff

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Published by Samsom, North-Holland Pub. Co. in Alphen aan den Rijn, New York .
Written in English

Subjects:

  • Wolff, Pieter de,
  • Economics -- Addresses, essays, lectures,
  • Income distribution -- Addresses, essays, lectures,
  • Economic policy -- Addresses, essays, lectures

Book details:

Edition Notes

Statementeditors J. S. Cramer, A. Heertje, P. Venekamp.
ContributionsWolff, Pieter de., Cramer, J. S. 1928-, Heertje, Arnold, 1934-, Venekamp, P. E.
Classifications
LC ClassificationsHB34 .R44
The Physical Object
Pagination318 p. :
Number of Pages318
ID Numbers
Open LibraryOL4902501M
ISBN 100720405343
LC Control Number76047610

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I’m so glad that I can answer a question in my study area as my first answer. In the beginning, I have to say, English is not my native language, so maybe there are some grammar or spelling mistakes in the answers. Please understand it and let me. In information retrieval contexts, precision and recall are defined in terms of a set of retrieved documents (e.g. the list of documents produced by a web search engine for a query) and a set of relevant documents (e.g. the list of all documents on the internet that are relevant for a certain topic), cf. relevance.   proximated by the use of document relevance (Section ). The key utility measure is user happiness. Speed of response and the size of the index are factors in user happiness. It seems reasonable to assume that relevance of results is the most important factor: blindingly fast, useless answers do not make a user happy. Differentiating between precision and relevancy. Relevant costs. Relevant costs are those types of costs that can change during a certain course of time in respect to a particular decision. For decision making it is important that relevancy of cost must be clear.