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You are a student working in the laboratory of a researcher who studies rainbow trout. A power outage over the weekend results in temperatures of over 25C in the large pools which house the fish. When you arrive Monday morning you notice the fish are swimming on their sides or swimming in spirals. What conclusions can you draw?
Regression Method
A statistical process for estimating the relationships among variables, often used to predict the value of a dependent variable based on one or more independent variables.
Industrial Lathe Sales
The measure of the quantity of industrial lathes sold within a specific period; pertains to transactions in the manufacturing sector.
MAPE
Mean Absolute Percentage Error, a measure used to calculate the accuracy of forecasted values in statistics, expressing error as a percentage.
Double Exponential Smoothing
A forecasting method that applies exponential smoothing twice, useful in capturing trends and seasonality in data.
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