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In measuring forecast errors, the MAD and the square root of the MSE will provide similar (but not identical) values, in that both provide a measure of the "typical" amount of error in forecasts.
Clayton Act
A piece of U.S. legislation enacted in 1914 aimed at promoting fair competition and preventing monopolies and unethical business practices.
Exclusive Dealing
A contractual arrangement in which a seller agrees to sell its products to only one particular buyer, or a buyer agrees to purchase from only one seller, limiting competition.
Tying Arrangements
A business practice where a seller requires the buyer to purchase other products as a condition of getting the desired product.
Federal Trade Commission
A U.S. federal agency tasked with consumer protection and the prevention of anti-competitive business practices.
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