Forecasting Software Packages Typically Report Several Summary Measures of the Forecasting

question 39

True/False

Forecasting software packages typically report several summary measures of the forecasting error.The most important of these are MAE (mean absolute error),RMSE (root mean square error),and MAPE (mean absolute percentage error).

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Definitions:

Cognitive-behavioral Therapy

A psychotherapeutic approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

Meta-analysis

A statistical procedure for combining data from multiple studies to generate an overall conclusion.

Token Economy

A behavioral modification system that uses tokens as a form of reward, which can be exchanged for desirable items or privileges as reinforcement for desired behaviors.

Cognitive-behavioral Therapy

A type of psychological treatment that helps individuals understand the thoughts and feelings that influence behaviors.