Examlex
Monopolistic competition is a market structure in which
Exponential Smoothing
A time series forecasting method for univariate data that applies weighted averaging of past observations, where the weights decrease exponentially over time.
Mean Absolute Deviation
The average of the absolute differences between each data value in a set and the mean of the data set, measuring dispersion.
Moving Averages
A mathematical method applied to even out brief variations and emphasize longer-term tendencies within data.
Autoregressive Model
A statistical model for analyzing and forecasting time-series data, where future values are predicted based on past values of the variable.
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