Difference, often referred to as discrepancy, is the state of being unlike or dissimilar. It highlights variations between two or more items, such as numbers, opinions, or characteristics. For example, if two people report different results from a survey, the variation in their responses represents a discrepancy.
Discrepancies can occur in various fields, including science, finance, and statistics. In finance, a discrepancy might arise when comparing a company's reported earnings to its actual performance. Identifying and understanding these differences is crucial for accurate analysis and decision-making.