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How do you use significant digits when reporting the results of calculations involving measurement?
Wiki User
∙ 7y ago
The least number of significant figures in any number of the problem determines the number of significant figures in the answer.
Wiki User
∙ 7y ago
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Significant digits reflect true precision of a calculation but sometimes it is important for measurements to be?
Significant digits do help to reflect the true precision of a measurement. This is because often the last reported digit in a measurement has an unacceptably large error associated with it. Thus, only reporting significant digits is the most conservative practice. Sometimes, however, it helps to be more accurate on a single measurement. In this case, if the measurement device is reliable to the last reported digit it may be reported for the sake of accuracy.
Where can significant figures be used for?
There are two types of significant figures, measured and exact. Numbers are often rounded to avoid reporting insignificant figures. Numbers can also be rounded merely for simplicity rather than to indicate a given precision of measurement.
What formalized and institutionalized triple bottom line reporting?
by the Global Reporting Initiative, which delineates dimensions for measurement and reporting within each of the environmental, social, and economic domains.
What are the components of a work measurement system?
A work measurement system has three components: preferred methods, time values, and reporting.
How do you decide how many decimal places to include in your reporting of data?
You would just use significant digits. Significant digits are digits that carry meaning contributing to its precision. That would include all digits except leading zeroes, trailing zeros, and calculations carried to a greater precision than the original data or equipment supports.
Why are significant digits used in science?
The term "significant digits" is used in science and other fields to specify the level of accuracy of a number in a given base. Usually the base is decimal (base 10). Knowing the level of accuracy is important for many reasons: (1) accuracy of measurement--the number and place of significant digits used tell other scientists how accurate the measurement is. For instance, three different scientists measure the heights of people, one scientist measures then records the heights as {1 meter, 2 meters}, another gives {1.2 meters, 1.7 meters} and the last gives {1.23 meters, 1.70 meters}. Each scientist has used a different number of significant digits. All height measurements are "correct" within their own degree of precision. Notice the last set of heights gives 1.70 meters as a height. This differs from the measurement of 1.7 in the previous set because it tells other scientists that the third scientist was measuring to the nearest millimeter (to get 1.70) and the second scientist was measuring only to the nearest centimeter (to get 1.7). (2) accuracy of computation--for reasons similar to (1), it is useful to specify a level of accuracy in numerical computations (as on a computer) so that scientists know how precise a given computation is. For example, a computer can calculate the position of an asteroid to the nearest kilometer a year from now or to the nearest meter and so on.
What is materiality principle?
materiality- financial reporting is concerned only with information that is significant to affect valuations and decisions.
What determines the number of significant figures used in reporting measured values?
The degree of accuracy of the measuring instrument.
What is the Meaning of performance measurement?
Performance measurement means the process of collecting and analyzing information about the performance of someone or something. The process can include reporting the information about the person, group, organization, component, or system.
What is cost accounting and its nature and scope?
Cost accounting is the internal reporting system. It includes cost recording and reporting and cost measurement or estimation. In addition, it includes cost planning, cost control, and cost analysis.
What are trends in performance measurement?
The five most important trends in performance measurement for 2013 include user defined attribution, increasing volumes and sales, out performing competition in specific fields and funds reporting.
What are the proper units of measurement for reporting hemoglobin and hematocrit results?
gm/dl; GRAMS of hemoglobin that are present in a DECILITER of a blood sample
