Approximation Quality

Approximation Quality refers to how closely an estimate or model reflects the real-world situation it is trying to represent. In general knowledge, it measures how well simplified ideas or representations capture the essential truths of complex topics. A high approximation quality means the simplified version is a good reflection of reality, while a low quality indicates significant discrepancies. This concept is important in fields like science, economics, and modeling, where making accurate predictions or understanding complex systems relies on the ability to create effective approximations.