Examlex
Which of the following is part of M3 but not M1?
Supply And Demand
The relationship between the availability of a product (supply) and the desire for that product (demand).
Forecast Error
The difference between the actual outcome and the predicted value in a forecast, indicating the accuracy of forecasting methods.
Squares
Geometrical shapes with four equal sides and four right angles, or multiplications of a number by itself.
Mean Squared Error
A measure of the average squared differences between estimated and actual values, used to evaluate the accuracy of statistical models.
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