Examlex
Ten different families are tested for the number of gallons of water a day they use before and after viewing a conservation video.Construct a 90% confidence interval for the mean of the differences.
Moving Average Forecast
A method used in time series analysis to smooth out short-term fluctuations and highlight longer-term trends or cycles.
Observable Trend
A pattern, change, or movement in data or events that can be detected and analyzed through observation.
Seasonality
Refers to periodic fluctuations in business or data that recur in a predictable pattern based on the time of year.
Causal Forecasting Methods
Predictive techniques that assume a cause-and-effect relationship between the variable forecasted and one or more independent variables.
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