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Mean Squared Error and Coefficient of Correlation Are Two Measures

question 40

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Mean Squared Error and Coefficient of Correlation are two measures of the overall error of a forecasting model.

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Definitions:

Sir Francis Galton

An English polymath known for his pioneering work in statistics, eugenics, and psychology.

Environmental Influence

The impact of external factors such as culture, education, socio-economic status, and physical surroundings on an individual's behavior and development.

Intelligence

The capacity for learning, understanding, problem-solving, and adapting to new situations.

Identical Twins

Twins who develop from a single fertilized egg that splits and forms two embryos, sharing identical genetic material.

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