Accuracy Rate definition

Accuracy Rate means the achievement of 99% accuracy of genotype calls on those assays that fall within the Genotyping Pass Rate. The one million genotypes [*****] CONFIDENTIAL MATERIAL OMITTED AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION. ASTERICKS DENOTE SUCH OMISSIONS utilized by Orchid for Formatting purposes are excluded from any calculation of Accuracy Rate.
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Examples of Accuracy Rate in a sentence

  • The third party firm shall provide a monthly report to the Department indicating the Price Accuracy Rate (Price Accuracy Rate = the number of audited items each month where the net price (calculated by multiplying the list price by 1 minus the discount % for that product category) is equal to or less than the contract price (calculated by multiplying the list price, outlined in Section 3.2, by 1 minus the discount % for that product category) divided by the number of audited items).

  • An example is provided at the following website: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇/sample-size-calculator.html The third party firm shall submit a quarterly report to the Department confirming the Contractor’s Price Accuracy Rate within 15 days after the close of each quarter.

  • The Contractor shall maintain a Price Accuracy Rate of 98% or greater.

  • The Price Accuracy Rate shall be calculated using the following formula: Price Accuracy Rate = the number of audited items each quarter where the net price is less than or equal to the contract price divided by the number of audited items.

  • Example: Population size (# of items in the catalog) = 15,000 Sample size (from Calculator): 375 Number of catalog prices less than or equal to the approved contract prices = 370 Accuracy Rate = (370/375) = 98.6% At a minimum, the quarterly report will identify items not in compliance with the contract terms, provide the date of the audit, and screenshots of the items on the Contractor’s website that were not in compliance with the contract terms.

  • The third party firm shall provide an annual report to the Department indicating the Price Accuracy Rate (Price Accuracy Rate = the number of audited items each year where the net price (calculated by multiplying the list price by 1 minus the discount % for that product category) is equal to or less than the contract price (calculated by multiplying the list price, outlined in Section 3.2, by 1 minus the discount % for that product category) divided by the number of audited items).

  • Accuracy Rate: Contractor meets the accuracy commitment for Transcription and Captioning Services.

  • Non-Reportable Amendment No. 3 August 23, 2006 EXHIBIT 3.2.1 (Continued) Accuracy Rate 16.) 98% of transactions are processed accurately.

  • This monthly Data Accuracy Rate will be compared to the schedule below to determine the total percentage credit to Per Account Fees billed to the Funds for the month.

  • SERVICE AREA CSW # 2 Customer Service Written NAME OF STANDARD STANDARD MATERIAL ---------------- -------- -------- Dispute Accuracy Rate [*] [*] DEFINITION Resolved files are selected daily at random from a rep by an internal Auditor.

Related to Accuracy Rate

  • Average Delinquency Ratio on any Payment Date means the average of the Delinquency Ratios for the preceding three calendar months.

  • Delinquency Rate With respect to any calendar month, the fraction, expressed as a percentage, the numerator of which is the aggregate outstanding principal balance of all Mortgage Loans 60 days Delinquent or more (including all foreclosures, bankruptcies and REO Properties) as of the close of business on the last day of such month, and the denominator of which is the Pool Balance as of the close of business on the last day of such month.

  • Eurocurrency Rate means, for any Interest Period:

  • Adjusted Eurocurrency Rate means, with respect to any Eurocurrency Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the Eurocurrency Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period.

  • Error Rate is the total number of Failed Requests divided by Total Requests, across all Resources in a given Azure subscription, during a given one-hour interval. If the Total Requests in a given one-hour interval is zero, the Error Rate for that interval is 0%.