Examlex
Quantitative forecasting techniques that are based on assuming that the future can be predicted by the past are referred to as?
Symmetric
Symmetric in statistics refers to a distribution or data set where the shape on either side of the mean is a mirror image, indicating equal distribution around the center.
Mean
The arithmetic mean is obtained by adding all the values in a set and dividing the result by the total number of values.
Median
The middle value in a data set, which separates the higher half from the lower half.
Range
In statistics, range is the difference between the largest and smallest values in a dataset.
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