I have a list of values representing estimation errors, like { 1, 3, 7, 16, 5, 4, 3, 1 }. Now I determine the percentage of estimations below/equal a specified error threshold, for example 4; in this case 5 / 8 = 0.625.
Straightforward so far. My question is: How is this value/calculation/function called in statistics terminology?
This was what I was looking for: Empirical distribution function.