| Margins for uncertainty are released into income as the risk for misestimation reduces over time. |
| The valuation assumptions use best estimates of future experience together with a margin for misestimation and experience deterioration. |
| A flawed acquisition strategy and a defective management approach exacerbated the cost misestimation. |
| The potential for misestimation is greater when the past experience has been more volatile and hence would justify a greater margin. |
| This uncertainty results from the risk of misestimation of and deterioration from the best estimate assumption. |
| The audience comes to see that Lisa has a distorted view of the events she narrates, most clearly in her misestimation of the character of Brand. |
