Examlex
Given the following script: Which of the following BEST describes the purpose of this script?
Forecast Accuracy
The degree of closeness between predicted values and actual values in forecasting.
Tracking Signal
A metric in inventory management that measures the accuracy of forecast demand against actual demand.
Adaptive Smoothing
A forecasting technique that adjusts the smoothing constant based on the accuracy of previous forecasts.
Dependent Variable
A variable in research or modeling that is affected by other variables, typically representing the outcome or effect in an experiment or study.
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