true value


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true value

(in statistics) a value that is closely approximated by the definitive value and somewhat less closely by the reference value.
References in periodicals archive ?
I had the opportunity to engage in several key jobs, and although I wasn't great at each task, I learned along the way from my True Value associate mentors.
will begin operating in September as WFC Fairway True Value.
Read the full story of how Ithaca Agway and True Value Hardware Lawn & Garden Retail Store Kicks Out Epicor Eagle for Microsoft Dynamics RMS.
True Value has been a general corporate member of ARA since 1984 and many of its retailers and suppliers hold their own memberships.
For the tax year 2002, the county auditor fixed the true value of the property at $1.
A poor understanding of the true value of a vehicle might explain why virtually half of those planning to buy a second-hand car are only prepared to haggle slightly over the price or not at all.
Should you happen to be the owner of the car in question - an old car you couldn't bring yourself to part with or haven't got around to disposing of - estate agents say it may prevent many buyers from looking at your house and knock 8% off the true value.
At the time we used an arbitrary figure for labour of pounds 10 per hour, however we are aware that farmers' skills and responsibilities vary enormously and this figure in most cases is far lower than the true value.
At the time we used an arbitrary figure for labour of pounds 10 per hour, however we are aware farmers' skills and responsibilities vary enormously and this figure in most cases is far lower than their true value.
Accuracy expresses the closeness of a result to a true value.
Sir, - The Tories forced local councils to sell council houses to their tenants at well below their true value.
To be part of the new technology development on such a key launch program is very significant to us and underpins the true value of our tools," said Philippe Collard, President and CEO of eNGENUITY Technologies Inc.