Confidence Intervals and User Value - Understanding Uncertainty to Make Better Decisions



@AlloraNetwork provides you with not just a predicted number, but also a confidence interval. This interval is generated by calculating weighted percentiles, reflecting the strength of internal consensus within the network. A narrow interval indicates a high level of agreement among the workers, resulting in high predictive certainty. A wide interval suggests the presence of various differing opinions, resulting in greater uncertainty. This quantified information about uncertainty is extremely valuable; it helps you understand the degree of consensus behind the prediction, enabling you to make more informed and risk-aware decisions. In a complex world, knowing "what we do not know" is just as important as knowing "what we know."

#Allora kaito #yapper
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