This document defines different types of errors that can occur in computational results, including inherent errors from inaccurate input data and numerical errors introduced during calculations. It discusses how inherent errors contain data errors from measurement limitations and conversion errors from computers' inability to store some numbers exactly. Numerical errors include round-off errors from fixed decimal representation and truncation errors from approximating infinite sums. Formulas are provided for absolute error, relative error, and percentage error to quantify accuracy. Examples demonstrate calculating these error measures.