Construct · 2 fields · 2 citations
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In statistics, truncation refers to restricting a distribution to a range, so values outside it are never observed. This meaning comes from Hausman (1977) in Econometrica. Here truncation is not the error from approximating an infinite process by a finite number of steps.[1]
In numerical analysis, truncation refers to the error from approximating an infinite process by a finite number of steps. This meaning comes from Burden (1978) in Numerical analysis. Here truncation is not restricting a distribution to a range, so values outside it are never observed.[2]
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