GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:48 Aug 13, 2021 |
French to English translations [PRO] Law/Patents - Accounting | |||||||
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| Selected response from: Francois Boye United States Local time: 06:35 | ||||||
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4 +1 | absolute variance |
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Discussion entries: 9 | |
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absolute variance Explanation: Var abs (%) = variance absolue (%) Absolute Variance -- the actual change between periods, expressed as a positive number or zero. Absolute Percent Variance -- the percentage change between periods, expressed as a positive number or zero. -------------------------------------------------- Note added at 1 hr (2021-08-13 15:01:45 GMT) -------------------------------------------------- NB: This definition of variance is not in line with statistics. In statistics, a variance is ALWAYS positive |
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