What is accuracy and error?
The accuracy of a measurement or approximation is the degree of closeness to the exact value. The error is the difference between the approximation and the exact value. Sometimes, an error that is acceptable at one step can get multiplied into a larger error by the end.
What is the degree of accuracy?
degree of accuracy. • the degree of accuracy is a measure of how close and correct a stated value. is to the actual, real value being described. • accuracy may be affected by rounding, the use of significant figures. or designated units or ranges in measurement.
How do you choose a degree of accuracy?
To find the lower value, we must take the lowest possible value of a and divide it by the highest possible value of b. Now to find out what the suitable degree of accuracy is, you find the most accurate value that both bounds round to.
What is the limit of accuracy?
To describe all the possible values that a rounded number could be, we use limits of accuracy. The lower limit is the smallest value that would round up to the estimated value. The upper limit is the smallest value that would round up to the next estimated value.
What is degree of accuracy in estimating?
Accuracy is the degree to which a measurement or calculation varies to its actual value; thus estimate accuracy is an indication of the degree to which the final cost outcome of a project may vary from the single point value used as the estimated cost for the project.
Why is degree of accuracy important?
The degree of accuracy used in the estimation of various material quantities used in the construction is crucial. This is to prevent cost estimate errors due to lack of proper accuracy and time consuming because of considering great accuracy which is not practical.
What is the most accurate method of estimation?
Detailed estimate
What are some factors that might affect the accuracy of your estimate?
Accuracy estimates is affected by the attitude of quantity surveyors in relation to a number of factors: project size, number of bidders, location and types of project, contract period, design scopes, cost data, location, and others.
What are the most important factors that affect overall costs?
The current study shows that the main factors influencing cost estimating decisions are complexity of the project, scale and scope of construction, market conditions, methods of construction, site constraints, client’s financial position, buildability and location of the project.
What is the important factor that can affect the accuracy and efficiency of estimates?
Which of the following is an important factor that can affect the accuracy and efficacy of estimates? Explanation: As size increases, the interdependence among various elements of the software grows rapidly.
Which activity is undertaken once the development activities start?
The project monitoring and control activities are undertaken once the development activities start with the aim of ensuring that the development proceeds as per plan and changing the plan whenever required to cope up with the situation.
Which model is used during early stages of the system design after the requirements?
Discussion Forum
| Que. | Which model is used during early stages of the system design after the requirements have been established? |
|---|---|
| b. | A post-architecture model |
| c. | A reuse model |
| d. | An early design model |
| Answer:An early design model |
Which is the primary activity of supply chain management?
activities are concerned principally with transforming inputs, such as raw materials, into outputs, in the form of products or services and in delivery and after-sales support. activities support the primary activities and include procurement, technology development, and human resource management.
What are the five primary activities in a supply chain?
What are the five primary activities in a supply chain? The five primary activities are plan, source, make, deliver, and return. What is the bullwhip effect and how can it affect a supply chain and a firm’s profitability?