REALIZATION
Realization
In probability and statistics, a realization, or observed value, of a random variable is the value that is actually observed . The random variable itself should be thought of as the process how the observation comes about. Statistical quantities computed from realizations without deploying a statistical model are often called "empirical", as in empirical distribution function or empirical probability.The above text is a snippet from Wikipedia: Realization (probability)
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realization
Noun
- The act of realizing; an act of figuring out or becoming aware.
- He came to the startling realization that he had never really known.
- The act of realizing; the act of making real.
- He did not stay around long enough to see the realization of the idea.
- The realization of the plan took several years.
- The result of an artistic effort.
- The painter's realization of her concept was breathtaking.
The above text is a snippet from Wiktionary: realization
and as such is available under the Creative Commons Attribution/Share-Alike License.