Examlex
Evaluate the radical expression if it is a real number. Use a calculator to approximate irrational numbers to the nearest
hundredth. If the expression is not a real number, so state.
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Forecast Error
The variance between what actually happens and the forecasts from prediction models.
Expected Value
Expected value is a concept in probability that calculates the average outcome when the future involves scenarios that may or may not happen.
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.
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