Projection error

Projection error

Degree of variation between estimated and actual amounts.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Insurance
Category: Medicare & Medicaid
Company: Centers for Medicare & Medicaid Services
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

projection error

Insurance; Medicare & Medicaid

Degree of variation between estimated and actual amounts.

Projection

Financial services; General Finance

The use of econometric models to forecast the future performance of a company, country, or other financial entity using historical and current information.

error

Semiconductors; Test equipment

A discrepancy between an expected value and a measured value.

error

Computer; Desktop PC

In computer sciences, an error is a mistake which shows a difference between the desired and actual value of a system or object. In the software area, they arise, for instance, ...

error

Accounting; Auditing

Unintentional misstatements or omissions in financial statements. Errors may involve mistakes in gathering or processing accounting data, incorrect estimates from oversight or ...

error

Computer; Software; Software engineering

(1) The difference between a computed, observed, or measured value or condition and the true, specified, or theoretically correct value or condition. For example, a difference of ...