Miscalculations refer to errors made in mathematical computations or estimations. These mistakes can occur in various contexts, such as finance, engineering, or everyday life. For example, a miscalculation in budgeting can lead to overspending, while an error in measurements can affect the safety of a construction project. Miscalculations can arise from simple arithmetic mistakes, incorrect assumptions, or faulty data. They highlight the importance of double-checking work and using reliable methods to ensure accuracy. In many cases, identifying and correcting miscalculations can prevent larger problems down the line, making attention to detail crucial in any task involving numbers.