Some of the companies disputed the findings, saying that the study understated their tax payments by omitting deferred taxes that they may pay in future years.
(Previous studies understated the economic impact of global warming because they didn't account for such collateral effects).
Many earlier studies understated the true marginal contribution of education to agricultural productivity by adopting an OLS method of estimation of the single production function.
Dr. Smith noted that the data collected for the study understate the real toll of window falls because they reflect only children injured and treated in emergency departments.
Never the less, both groups fare poorly compared with Australian NRV's, suggesting that the poor nutrient intakes documented in this study are likely understated, ie biased towards the null.
As a result of these treatment advances, the PCa cost estimates reported in this study will probably understate slightly the initial and life-time treatment costs for PCa patients diagnosed today.
Played by Ben Daniels, arguably Britain's most versatile actor, Vershinin is a study in understated self-pity.
She emerged from an adjacent room barefoot, hair tousled and face makeup-free, a study in understated elegance.
If the question was meant as the most hamfisted of provocations – and I think it was Sky News, so it would have been – the reply was a study in understated fly-squashing.
The design of the seventh-floor, two-bedroom Bottega Veneta Suite (above), which was overseen by the company's creative director, Tomas Maier, is a study in understated swank.
