One Measure of the Accuracy of a Forecasting Model Is

question 61

Multiple Choice

One measure of the accuracy of a forecasting model is

• A)the smoothing constant
• B)a deseasonalized time series
• C)the mean square error
• D)None of these alternatives is correct.

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Definitions:

Structure

Structure refers to the arrangement of atoms or molecules in a substance, determining its properties and function.

Reaction

A process in which substances interact to form one or more new substances with different molecular compositions and properties.

Organic Product

A compound or material derived from living organisms, typically characterized by carbon-based structures.

Major

Term often used to describe the predominant or most abundant component, product, or outcome in a process or mixture.