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Earn +20 ptsQ: What is The percent difference between an observed value and its actual value?
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What does the term percent error refer to?
An error is the difference between a predicted value and the actual, observed, value. The percent error tells the user how close or how far off one was from the actual value in the form of a percentage.
What is the difference between actual measurement and estimate?
An actual measurement is going to be more accurate than an estimate.
How do you find the difference between sales price and actual price?
Subtract the sales price from the actual price!
What is price erosion?
difference between actual cost and potential price
Difference between standard cost actual cost and normal cost?
prices
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