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Define infant mortality, and explain how it is used in the demographic analysis of a population.
Forecast Errors
The difference between the actual outcomes and the predicted outcomes in forecasting, indicating the accuracy of the forecasts.
Salespersons' Estimates
Salespersons' estimates are forecasts or predictions made by sales professionals regarding future sales volumes based on their experience, market knowledge, and existing trends.
Demand Forecasts
The process of estimating the future demand for a company's products or services based on historical sales data, market trends, and other factors.
Alpha
A coefficient in finance representing the performance of an investment relative to a suitable market index.
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