efficiency wikipedia - EAS

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  1. Efficiency (statistics) From Wikipedia, the free encyclopedia In the comparison of various statistical procedures, efficiency is a measure of quality of an estimator, of an experimental design, or of a hypothesis testing procedure.
    en.wikipedia.org/wiki/Efficiency_(statistics)
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    What does efficiency mean?
    Efficiency is very often confused with effectiveness. In general, efficiency is a measurable concept, quantitatively determined by the ratio of useful output to total input.
    en.wikipedia.org/wiki/Efficiency
    What is efficiency in project management?
    Efficiency is the (often measurable) ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result. In a more general sense, it is the ability to do things well, successfully, and without waste.
    en.wikipedia.org/wiki/Efficiency
    What is the opposite of efficiency?
    Noun . efficiency (countable and uncountable, plural efficiencies) The extent to which time is well used for the intended task. Antonyms: inefficiency, wastefulness
    en.wiktionary.org/wiki/efficiency
    What are the characteristics of an efficient market economy?
    Allocative efficiency, an optimal distribution of goods Efficiency wages, paying workers more than the market rate for increased productivity Efficiency ratio, expenses as a percentage of revenue, etc.
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    Efficiency - Wikipedia

    https://en.wikipedia.org/wiki/Efficiency

    Efficiency is the (often measurable) ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result. In a more general sense, it is the ability to do things well, successfully, and without waste. "Efficiency is thus not a goal in itself. It is not

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    Efficiency is very often confused with effectiveness. In general, efficiency is a measurable concept, quantitatively determined by the ratioof useful output to total useful input. Effectiveness is the simpler concept of being

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    Efficiency is often measured as the ratio of useful output to total input, which can be expressed with the mathematical formula r=P/C, where P is the amount of useful output ("product")

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    In physics
    • Useful work per quantity of energy, mechanical advantage over ideal mechanical advantage, often denoted by the Greek lowercase letter

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  4. Efficiency (statistics) - Wikipedia

    https://en.wikipedia.org/wiki/Efficiency_(statistics)

    In the comparison of various statistical procedures, efficiency is a measure of quality of an estimator, of an experimental design, or of a hypothesis testing procedure. Essentially, a more efficient estimator, experiment, or test needs fewer observations than a less efficient one to achieve a given performance. This article primarily deals with efficiency of estimators.
    The relative efficiency of two procedures is the ratio of their efficiencies, although often this con…

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  5. Efficiency - Simple English Wikipedia, the free encyclopedia

    https://simple.wikipedia.org/wiki/Efficiency

    Efficiency (economics), a general term, to capture the amount of waste or other undesirable features. Pareto efficiency, making one individual better off, without making any other individual worse off. Kaldor-Hicks efficiency, like a less stringent Pareto efficiency. Allocative efficiency, an optimal distribution of goods.

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    • efficiency - Wiktionary

      https://en.wiktionary.org/wiki/efficiency

      27/12/2021 · Noun. efficiency ( countable and uncountable, plural efficiencies ) The extent to which time is well used for the intended task . quotations . Antonyms: inefficiency, wastefulness. The efficiency of the planning department is deplorable. 2012 September 7, Phil McNulty, “Moldova 0-5 England”, in BBC Sport ‎ [1]: The display and result must ...



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