Error Rate definition

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%.
Error Rate means the percentage of Reportable Events collected by the Central Repository in which the data reported does not fully and accurately reflect the order event that occurred in the market.
Error Rate means the percentage of net Overpayments identified in the Claims Review Sample. The net Overpayment shall be calculated by subtracting all underpayments identified in the Claims Review Sample from all Overpayments identified in the Claims Review Sample. The Error Rate is calculated by dividing the net Overpayment by the total dollar amount associated with the Paid Claims in the Claims Review Sample.‌

Examples of Error Rate in a sentence

  • To identify the point estimate, the IRO shall extrapolate the Error Rate as determined in the Quarterly Claims Sample to the Population for the applicable Quarterly Claims Review.

  • The Error Rate shall be the percentage of net Overpayments identified in the sample.

  • If the Error Rate (as defined above) for any Quarterly Claims Review performed is 5% or greater, the IRO will estimate the actual Overpayment in the Population for that three-month period by identifying the point estimate.

  • The Error Rate is calculated by dividing the net Overpayment identified in the sample by the total dollar amount associated with the Paid Claims in the sample.


More Definitions of Error Rate

Error Rate is the total number of Failed Storage Transactions divided by the Total Storage Transactions during a given one-hour interval. If the Total Storage Transactions in a given one-hour interval is zero, the error rate for that interval is 0%.
Error Rate has the meaning provided in SEC Rule 613(j)(6).
Error Rate is the total number of Failed Requests divided by Total Requests 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%.
Error Rate. The percentage of requests that resulted in an Error out of the total requests made by the Service during every 5 minutes. If the total request for 5 minutes is zero, the Error Rate is 0%.
Error Rate is the total number of Failed Operations divided by Total Operations during a given one-hour interval. If the Total Operations in a one- hour interval is zero, the Error Rate for that interval is 0%.
Error Rate means the number of Valid Requests that result in a response with HTTP Status 500 and Code “Internal Error” divided by the total number of Valid Requests during that period. Repeated identical requests do not count towards the Error Rate unless they conform to the Back-off Requirements.
Error Rate means the correct monthly payment divided by the monthly payment paid. The "correct monthly payment" shall mean the amount that should have been paid if the records submitted had not contained any errors.