Related Words

Quantization Error: Error resulting from quantizing an analog waveform to a discrete level. In general the longer the word length, the less the error.

Logic Error: An error that the computer never notices, but that you notice because your darn program doesn't do what you want it to do.

Gross Error: Gross errors are undetected mistakes that cause a measurement to be very much farther from the mean measurement than other measurements.

Measurement Error: Errors in measuring an explanatory variable in a regression, which leads to biases in estimated parameters.

Net Errors And Omissions: In balance of payments accounting, net errors and omissions record the statistical discrepancies that arise in gathering balance of payments data.

Forced Error: When an opponent hits a difficult shot that causes the player to miss. As opposed to the unforced error

Errors And Omissions Insurance: An insurance policy providing businesses with coverage and protection against potential lawsuits from clients or customers.

Error Of Projection: An error in rating, which occurs when raters are inclined to allow their own personal characteristics or values to affect the ratings they assign.

Error Of Principle: A double-entry term which means that one or both sides of a double-entry has been posted to the wrong account (which is also a different class of account). Example: Petrol expense posted to . . . View Full Definition

Error Of Recency: Occurs when raters assign a rating based on the individual’s short-term versus long-term job performance.