Examlex
ASE-Style Multiple Choice Excessive use of ____ is usually an indication of a lack of expertise on the part of the body technician.
MAPE
Mean Absolute Percentage Error, a measure used to calculate the accuracy of forecasted values in statistics, expressing error as a percentage.
Double Exponential Smoothing
A forecasting method that applies exponential smoothing twice, useful in capturing trends and seasonality in data.
Exponential Smoothing Model
A forecasting technique that applies decreasing weights to past observations as they recede into the past.
Level Significance
The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically denoted as alpha (α).
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