Absolute Value

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Absolute Value

The value of a variable without regard to whether it is positive or negative. For example, an absolute value of 6% applies whether a company's profits increase 6% or decrease by the same amount.
References in periodicals archive ?
Despite the element of chance and the resulting large fluctuations in value that characterize a random Fibonacci sequence, the absolute values of the numbers, on average, increase at a well-defined exponential rate.
He ignored the minus signs, thereby taking the absolute value of the terms.
In the sequel, given a matrix A, then [absolute value of A] denotes the matrix whose entries are the absolute values of the entries of A.
i] of the matrix L are, in absolute value, less than one, pivoting is neccesary to ensure the backward stability of LU factorization.
Both the uncertainty in, and the absolute value of, the survival ratio when it is applied to asbestos and environmental liabilities can vary widely from company to company.