Variance tolerance definition

Variance tolerance means the margin of flexibility whereby we will consider you to have met the requirement for completing a specified amount of post-secondary credit hours in an educational degree or certification program or the course requirements in a vocational or technical training program under § 411.180 in the applicable progress certification period if your completion of credit hours or course requirements in this period is within 10% of the goal. Figures representing the number of credit hours required for the first and second progress certification periods as described in § 411.180 will be rounded by dropping any fractions. Under the variance tolerance, we also will consider you to have met the requirements in an applicable progress certification period if you complete a certain percentage of the work requirement and a certain percentage of the post-secondary education requirement or vocational or technical training requirement in the period andthe sum of the two percentages is within10% of the goal. See § 411.180(a) and (c).
Variance tolerance means that quantity of Gas which is calculated as the greater of:VT = NOM n ×VTF orVT = VTVWhere:VT is the Variance Tolerance in TJsNOMn is the User's Nomination for the Inlet Point and/or Outlet Point(s) in TJs for the Gas Day nVTF has the value 0.08VTV has the value 1 TJ

Examples of Variance tolerance in a sentence

  • Variance tolerance and variance inflation control such an assumption.

Related to Variance tolerance

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