👉 Warnage is a term used in statistics to describe the average value of a set of data values. It is often used when comparing two sets of data, such as those from different sources or across different times, and it helps identify any potential outliers that may be present. A warning rate (also known as a "warning threshold") is the probability of observing a particular level of data in a sample if the data were to occur at random without any errors. The term "warnage" comes from