Keep reading to learn more about Absolute error calculator and how to use it.
Rosemary Njeri. In statistics, error refers to the difference between the value which has been computed and the correct value. Absolute error is the magnitude of how far off a
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The absolute error is then divided by the true value, resulting in the relative error, which is multiplied by 100 to obtain the percentage error. Refer to the equations below for clarification.
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Excel does not have any formula to calculate the absolute error, however, you can adapt one in a simple way since it is simply to apply a subtraction. For example, you can use this one: =X-Y
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