Formal Definition
Given an observable random variable X over the probability space, determined by a parameter θ ∈ Θ, and a set A of possible actions, a (deterministic) decision rule is a function δ : → A.
Read more about this topic: Decision Rule
Famous quotes containing the words formal and/or definition:
“I will not let him stir
Till I have used the approvèd means I have,
With wholesome syrups, drugs, and holy prayers,
To make of him a formal man again.”
—William Shakespeare (1564–1616)
“The very definition of the real becomes: that of which it is possible to give an equivalent reproduction.... The real is not only what can be reproduced, but that which is always already reproduced. The hyperreal.”
—Jean Baudrillard (b. 1929)