Financial Terms
Measurement error

Main Page

Alphabetical
Index

SEARCH


Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.

 


Main Page: tax advisor, stock trading, accounting, payroll, finance, inventory control, financial, investment,

 

Also see related: first time homebuyer, property, real estate, home buyer, homebuyer, credit, home insurance, homes, mortgage,

Definition of Measurement error

Measurement Error Image 1

Measurement error

errors in measuring an explanatory variable in a regression that leads to biases in
estimated parameters.



Related Terms:

Accounting Errors

Unintentional mistakes in financial statements. Accounted for by restating
the prior-year financial statements that are in error.


Benchmark error

Use of an inappropriate proxy for the true market portfolio.


Errors and Omissions Insurance

Insurance coverage purchased by the agent/broker which provides protection against loss incurred by a client because of some negligent act, error, oversight, or omission by the agent/broker.


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.


Performance measurement

The calculation of the return realized by a money manager over some time interval.



physical measurement allocation

a method of allocating a joint cost to products that uses a common physical characteristic as the proration base


Standard error

In statistics, a measure of the possible error in an estimate.


Measurement Error Image 2

standard error of the estimate

a measure of dispersion that reflects the average difference between actual observations and expected results provided by a regression line


Tracking error

In an indexing strategy, the difference between the performance of the benchmark and the
replicating portfolio.



 

 

 

 

 

 

Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.


Copyrightę 2019 www.finance-lib.com