Absolute Error definition

Absolute Error means the absolute value of the error in the actual generation of wind or solar generators with reference to the scheduled generation and the 'Available Capacity' (AvC), as calculated using the following formula for each 15 minute time block:Error (%) = 100 X [Actual Generation– Scheduled Generation] / (AvC) ;
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Absolute Error means the difference between the scheduled and the actual generation injected by Solar or Wind Energy Generators in relation to their Available Capacity in each time block, and may be computed in percentage terms by applying the following formula:
Sample 1Sample 2Sample 3
Absolute Error means the absolute value of the error in actual generation of wind or solar generators with reference to scheduled generation and the ‘Available Capacity (AvC), as calculated using the following formula for each 15minute time block; Absolute Error (%) = [Actual Generation-Scheduled Generation]X100(AvC)i. ‘Act’ means the Electricity Act, 2003 (36 of 2003);
Sample 1Sample 2Sample 3

Examples of Absolute Error in a sentence

  • The equations dening these metrics can be found in Technical Section 2 of the ESI,† in addition to Mean Absolute Error (MAE)-based criteria that Roy has recommended35 for evaluation of QSAR/QSPR models.

  • SiteField dataOld VCFNew VCFMaryland SERC 1291634SERC 2486151SERC 3334050SERC 4596146SERC 5694057GB 1677459GB 2696668GB 3337437 RMSE 19.27%9.47%Mean Absolute Error 14.37%7.87% Mato Grosso Explorada 164 49Explorada 280 78Moth63 76Disturbed64 74Logged 272 79Logged55 79Ik-log50 80Tower0 RMSE 10.46%Mean Absolute Error 9.40%Table 2 Validation data from field sites in Maryland, United States and Mato Grosso, South America.

  • We propose the Relative Absolute Error, or RAE, as a simple and easily communicated alternative to Theil's U2.

  • Willmott, Advantages of the Mean Absolute Error (MAE) over the Root Mean Square Error (RMSE) in Assessing Average Model Performance, Clim.

  • In this Appendix, we tabulate in- and out-of-sample pricing results (one-day, one-week, and two-weeks ahead) of all models considered in this study on all three evaluation data sets as discussed in the main analysis, using a variety of error metrics (i.e., Root Mean Squared Error, Mean Absolute Error, Median Absolute Error, and 5th and 95th Percentile of Absolute Error).

  • The type of study will help to understand the side of the subjectivity of people related to the project.

  • Inter- and intra-examiner reliability of scoring radiographic2827 outcomes was tested.293031 Results: Instrument created with 4 domains to assess quality (2 process and 2 outcome),3233 and a measure of case complexity (structure).

  • The Root Mean Square Error (RMSE) and Mean Absolute Error (MAE) of the estimates of log futures prices are 7 cents per pound and 5 cents per pound, respectively.

  • Typically, classification studies assess the predictive power of their model using Mean Absolute Error (MAE).

  • However, this price would also need to be less than the price for a similar product in the importing country.


More Definitions of Absolute Error

Absolute Error means the absolute value of error in the actual generation of wind or solar generators which are state-entities with reference to scheduled generation and the Available Capacity (AvC), as calculated using the following formula for each 15 minute time block:
Sample 1Sample 2
Absolute Error means the absolute value of the error in the actual injection of wind or solar generators with reference to the scheduled generation and the Available Capacity (AVC), as calculated using the following formula for each 15 minute time block:
Sample 1
Absolute Error means the absolute value of the error in the actual generation of wind or solar generator with reference to the scheduled generation and the 'Available Capacity'(AvC), as calculated using the following formula for each15 minute time block (as amended thereof from time to time): Error(%)=100X[Actual Generation –Scheduled Generation]/ (AvC);
Sample 1
Absolute Error means the difference between the scheduled and the actual generation injected by Solar or Wind Energy Generators in relation to their Available Capacity(AvC) in each time block, and may be computed in percentage terms by applying the following formula: Absolute Error (%) = 100 x [Actual Generation – Scheduled Generation]AvC
Sample 1
Absolute Error means the difference between the actual generation injected and the scheduled generation of Wind or Solar Energy Generators in relation to their scheduled generation in each time block, and may be computed in percentage terms by applying the following formula: Absolute Error (%) = 100 x [Actual Generation – Scheduled Generation]Scheduled Generation Provided that when the scheduled generation is zero and if there is actual generation in a particular 15 minutes block by the wind/solar generator(s), only 70% of the actual generation will be considered as scheduled generation;
Sample 1

Related to Absolute Error

  • Absolute Rate means a fixed rate of interest expressed in multiples of 1/100th of one basis point.

  • Absolute Rate Auction means a solicitation of Competitive Bid Quotes setting forth Competitive Bid Absolute Rates pursuant to Section 2.03.

  • Bid Rate Quote means an offer in accordance with Section 2.2.(c) by a Lender to make a Bid Rate Loan with one single specified interest rate.

  • NAV Error means an error in the computation of the net asset value for a Fund or class as more fully described in the NAV Error Policy.

  • No Observable Acute Effect Level or "(NOAEL)" means any concentration equal to or less than the critical test concentration in a single concentration (pass/fail) toxicity test, conducted pursuant to Section 22a-430-3(j)(7)(A)(i) of the RCSA, demonstrating 90% or greater survival of test organisms at the CTC.

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Rate Determination Notice has the meaning specified in Section 3.07(g).

  • Absolute Rate Loan means a Bid Loan that bears interest at a rate determined with reference to an Absolute Rate.

  • Notice of Competitive Bid Borrowing has the meaning specified in Section 2.03(a).

  • Competitive Bid Quote Request means the notice, in substantially the form of Exhibit B hereto, to be delivered by the Borrower in accordance with Section 2.03 in requesting Competitive Bid Quotes.

  • Manifest Error means any error that we reasonably believe to be obvious or palpable, including without limitation, offers to execute Transactions for exaggerated volumes of Underlying Assets or at manifestly incorrect market price quotes or prices at a clear loss.

  • Invitation for Competitive Bid Quotes means a written notice to the Lenders from the Administrative Agent with respect to a Competitive Bid Quote Request in the form attached as Exhibit C-2 hereto.

  • Currency Valuation Notice means a notice given by the Required Multicurrency Lenders to the Administrative Agent stating that such notice is a “Currency Valuation Notice” and requesting that the Administrative Agent determine the aggregate Revolving Multicurrency Credit Exposure. The Administrative Agent shall not be required to make more than one valuation determination pursuant to Currency Valuation Notices within any rolling three month period.

  • Money Market Absolute Rate has the meaning set forth in Section 2.03(d).

  • Manifest means the form used for identifying the quantity, composition, origin, routing, and destination of hazardous waste during its transportation from the point of generation to the point of disposal, treatment, or storage.

  • Competitive Bid Rate means, with respect to any Competitive Bid, the Margin or the Fixed Rate, as applicable, offered by the Lender making such Competitive Bid.

  • Competitive Bid Accept/Reject Letter means a notification made by a Borrower pursuant to Section 2.03(d) in the form of Exhibit A-4.

  • Bid Due Date means Bid Submission end date and time given in the E-tender

  • Error means any failure of the Software to operate in conformance with the Documentation in any material respect.

  • Competitive Bid Borrowing means a borrowing consisting of simultaneous Competitive Bid Advances from each of the Lenders whose offer to make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section 2.03.

  • Competitive Bid Quote means a response submitted by a Lender to the Administrative Agent with respect to a Competitive Bid Quote Request in the form attached as Exhibit C-3.

  • Non-bid Basis means a contract awarded or executed by the Commonwealth with Contractor without seeking bids or proposals from any other potential bidder or offeror.

  • Administrative merits determination means certain notices or findings of labor law violations issued by an enforcement agency following an investigation. An administrative merits determination may be final or be subject to appeal or further review. To determine whether a particular notice or finding is covered by this definition, it is necessary to consult section II.B. in the DOL Guidance.

  • Competitive Bid Advance means an advance by a Lender to the Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance or a LIBO Rate Advance.

  • Event Determination Date means either:

  • Money Market Absolute Rate Loan means a loan to be made by a Bank pursuant to an Absolute Rate Auction.