error in calculating

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• error — / erə/ noun a mistake ● He made an error in calculating the total. ● The secretary must have made a typing error …   Marketing dictionary in english

• error — / erə/ noun a mistake ● He made an error in calculating the total. ● The secretary must have made a typing error …   Dictionary of banking and finance

• Calculating Demand Forecast Accuracy — upply Chain forecastingUnderstanding customer demand is key to any manufacturer to make and keep sufficient long lead inventory so that customer orders can be correctly met. Forecasts are never perfect but are valuable in better preparedness for… …   Wikipedia

• Margin of error — This article is about the statistical precision of estimates from sample surveys. For safety margins in engineering, see Factor of safety. For tolerance in engineering, see Tolerance (engineering). Not to be confused with Margin for Error. The… …   Wikipedia

• Algorithms for calculating variance — play a major role in statistical computing. A key problem in the design of good algorithms for this problem is that formulas for the variance may involve sums of squares, which can lead to numerical instability as well as to arithmetic overflow… …   Wikipedia

• Instrument error — refers to the combined accuracy and precision of a measuring instrument, or the difference between the actual value and the value indicated by the instrument (error). Measuring instruments are usually calibrated on some regular frequency against… …   Wikipedia

• Off-by-one error — An off by one error (OBOE) is a logical error involving the discrete equivalent of a boundary condition. It often occurs in computer programming when an iterative loop iterates one time too many or too few. Usually this problem arises when a… …   Wikipedia

• Pilot error — 1994 Fairchild Air Force Base B 52 crash, caused by flying the aircraft beyond its operational limits. This history is now used in military and civilian aviation environments as a case study in teaching crew resource management Pilot error… …   Wikipedia

• Forecast error — In statistics, a forecast error is the difference between the actual or real and the predicted or forecast value of a time series or any other phenomenon of interest. In simple cases, a forecast is compared with an outcome at a single time point… …   Wikipedia

• Mean absolute percentage error — (MAPE) is measure of accuracy in a fitted time series value in statistics, specifically trending. It usually expresses accuracy as a percentage, and is defined by the formula: where At is the actual value and Ft is the forecast value. The… …   Wikipedia

• compensating error — ➔ error * * * compensating error UK US noun [C] ACCOUNTING ► a mistake when calculating or recording accounts that is equal in amount to an opposite mistake so that neither affects the final total …   Financial and business terms