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Since we are interested in the magnitude of that case-specific error, and when aggregating these case-specific misestimates, it is important to avoid having overestimates cancel out underestimates.
In addition, these authors ran simulations to show that in some cases inaccurate staffing patterns were the source of the errors, while in other cases the misestimates could be attributed to the mistakes made in the industry projections.
While we adopt the view that temporal profit patterns should reflect the intended policies of insurer management, one can argue that these patterns could emerge because of unintentional, short-term misestimates of future losses by managers.
Violations of the principle for equivalent PCR efficiencies of two sequences can produce a systematic bias in the PCR assay, giving misestimates of the initial copy numbers (13, 24).
On the supply side three factors were seen as key: previous misestimates of the need for inpatient services, the need to replace aging or unsafe facilities (e.
Individualism misestimates the explanatory role of species concepts in biology (Boyd, 1999).
2) The ability of depository institutions to average their holdings of balances at the Federal Reserve over two-week periods to meet their requirements gives them flexibility in managing their accounts from day to day, which helps limit the volatility in rates that can develop when the Desk misestimates either the supply of or demand for balances.
This method incorrectly treats the file drawer as unbiased and almost always misestimates the seriousness of publication bias.
What, then, accounts for the remaining 58 percent in cumulative annual misestimates from 1994 through 1998?
Table 2 compares the three forecasts' misestimates of the 1982 deficit.