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What is the difference between actual measurement and estimate?
Wiki User
∙ 13y ago
An actual measurement is going to be more accurate than an estimate.
Wiki User
∙ 13y ago
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A person estimate of 16319.06Cm exceeded the actual measurement by 309.012Cm What was the actual measurement?
The correct measurement is 16010.048 cm.
Difference between revised estimate and supplementary estimate?
A supplementary estimate refer to the additional or extra estimate. A revised estimate is the difference between the former budget estimates and the actual expenditure, which is usually presented in the next budget.
What is an estimate value and what is an actual value?
The difference between an estimate and an actual number is the difference between ideals and observations. For instance, You may think the time is 10:57, but in reality the probability of that is 0 due to the fact that time lies on a continuum. 10:57 is only an estimate; close enough for our purposes. The ideal: the actual time, is a theoretical ideal which we know must exist and be unique, but we can never know for certainty what it is.
What is absolute error?
Absolute error is the difference between an estimated or measured value and it's actually value.For Example:To determine the absolute error you would have to have a measurement or an estimate of whatever this object is. At which point you would take the difference between the estimated value and the actual value.For example: 21.571 is the True value 20.000 is the Recorded Value.Thus: (True value) - (Recorded Value) = Absolute error (21.571) - (20.000) = 1.571
What does estimate each sm or difference mean?
In arithmetic, estimate usually means rounding the numbers so they're easier to manipulate. Example: Estimate the sum of 432 and 267. You can round them to 430 and 270 and estimate the sum as 700. You could also round them to 400 and 300 and estimate the same total. To estimate a difference, just subtract them. 430 minus 270 is 160. The actual sum is 699 and the actual difference is 165, so your estimates came pretty close.
What is the name given to the difference between an actual and a predicted measurement?
mothing
A person estimate of 16319.06Cm exceeded the actual measurement by 309.012Cm What was the actual measurement?
The correct measurement is 16010.048 cm.
Difference between revised estimate and supplementary estimate?
A supplementary estimate refer to the additional or extra estimate. A revised estimate is the difference between the former budget estimates and the actual expenditure, which is usually presented in the next budget.
What is revised estimate?
A revised estimate is the difference between the former budget estimates and the actual expenditure, which is usually presented in the next budget.
What is the difference between the accuracy of measurements and the precision of measurements?
Precision is how close your measurements are. Accuracy is how close your measurements are to the actual measurement.
What is an estimate value and what is an actual value?
The difference between an estimate and an actual number is the difference between ideals and observations. For instance, You may think the time is 10:57, but in reality the probability of that is 0 due to the fact that time lies on a continuum. 10:57 is only an estimate; close enough for our purposes. The ideal: the actual time, is a theoretical ideal which we know must exist and be unique, but we can never know for certainty what it is.
What is the Difference between budget and actual expenditure?
Budget is the projected financial estimate in a given year, whilst expenditures are the actual expenses incured in carrying out the budget.
Difference between air standard and actual cycle?
The air standard is and estimate and is usually greater than the actual cycle due to various losses that occur during the actual engine operation.
The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the?
The difference between actual quantity and standard quantity is called the material quantity variance.
What is the difference between the jack used in actual prices and in the lab?
There is no difference between the jack used in the actual sense and in the lab.
What the difference between actual value and earned value?
The difference between the Actual Value & Earned Value is the Project Cost Variance
What does an auditor do if there is a material difference between an expected and actual balance?
However, if there is a material difference between the expected and actual balance, the auditor will investigate this difference further. At this point the auditor will develop an explanation for the difference.
