ABSOLUTE CHANGE Definition

Bookmark and Share

ABSOLUTE CHANGE is a numerical change in an empirical value, e.g. cost of goods was reduced by $9.00.

Learn new Accounting Terms

EARNING CAPACITY, LOSS OF 'Loss of earning capacity' means the difference between the worker's net average earnings before the incident, and the net average amount of wages the deciding body determines the worker is capable of earning after the incident.

TEST, in statistics, is taking a ample from a population to estimate characteristics of the population.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.