Rather, the technique should also be shown to be reliable, with known error rates.
For years, U.S. companies have worked closely with Chinese factory owners to improve production times and reduce error rates.
For years, American companies have worked closely with Chinese factory owners to improve production times and reduce error rates.
Why wouldn't we want to put that on an electronic medical record that will reduce error rates, reduce our long-term cost of health care, and create jobs right now?
For example, the commission cites statistics showing that predominantly African-American voting precincts were more likely to use older voting systems with higher error rates than more affluent, predominantly white voting districts.
Fingerprint and iris-recognition technology have significant error rates, too.
We also have implemented new accountability measures, posting details of error rates at PaymentAccuracy.gov, and for the first time adding sanctions for programs that fail to meet an increasingly rigorous threshold for error.
These guidelines allow scientific techniques to be used in evidence, as long as the techniques have survived the scrutiny of peer review, use established error rates, and have general acceptance in the scientific community.
Companies, unions, and other plan sponsors can choose, for example, which hospitals and doctor groups to put in their mainstream health plan or which pharmacy benefit managers to use (the ones with low error rates).
John Mezias and Bill Starbuck published several articles in which they showed how people do not even know basic facts about their own companies, such as the sales of their own business unit, error rates, or quality indicators.
FORBES: Most People Don't Know Their Business (so asking them about it is useless)
Still, the error had probably caused interest rates to be kept too high for too long.
The estimate also contained an arithmetical error which significantly increased estimated construction rates.
That error caused the Fed to hold interest rates too low for too long, blowing more air into the bubble and imposing enormous negative consequences on the economy.
The error affected under 1% of the US debt being paid at the time, but interest rates on short term bonds rose nearly 1% in a short period because of that error.
Such rates of Greenland ice loss were barely larger than the margin of error in their readings, making it difficult to discern any difference between a supposed loss curve on a graph from a straight line.
FORBES: Man The Lifeboats! Global Warming Has Oceans Rising At Alarming Rate! (Or Maybe not)
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