A deviation from standard because of the failure to include one or more relevant variables, or the inclusion of the wrong or irrelevant variables in the standard-setting process is an example of a(n):
A) Random error.
B) Prediction error.
C) Implementation error.
D) Modeling error.
E) Measurement error.

Question

Quizplus · Accepted Answer

This is an example of modeling error because it involves errors in the way that the standard-setting process was modeled, such as by failing to include all relevant variables or including the wrong variables.

A Deviation from Standard Because of the Failure to Include