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What indicates how close the observed value is to the true value?
Wiki User
∙ 12y ago
By how controlable (reproduceable/predictable) that variable is.
Wiki User
∙ 12y ago
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What if the percent error is negative?
9f you are using the equation %error =[(oberved value - true value)/true value]x100 a negative percent indicates the observed value is less than the true value by the calculated percent.
The difference between an observed or calculated value and a true value?
error
Using which test the p-value is calculated?
In statistical significance testing, the p-value is the probability of obtaining a test statistic result at least as extreme or as close to the one that was actually observed. This is assuming that the null hypothesis is true.
How close a measurement is to the true value is?
Accuracy
How close a measurement is to the true or accepted value is called?
This is the accuracy of a value.
How is the p-value used?
The probability of the observed value or something more extreme under the assumption that the null hypothesis is true.
How close a measurement is to the true accepted value?
Accuracy
How close a measurement is the true or accepted value?
Accuracy
What is an absolute personal equation?
An absolute personal equation is the difference between an observed value and a standard value assumed as being true.
Is precision refers to how close a measurement is to the true or accepted value?
No. accuracy is a measure of how close the measurements are to the true value.
What is Hypothesis Testing of p-value?
The probability of the observed value or something more extreme under the assumption that the null hypothesis is true. That is, the probability of standard scores at least as extreme as the observed test statistic.
Accuracy is judged by?
How close a value is to the true value.
