Examlex
According to Robert Sack, all of the following are true EXCEPT:
Weightage
Weightage refers to the assigned importance or value given to elements within a calculation or process, influencing the overall outcome.
Root Mean Square of Errors
A measure of the differences between values predicted by a model or an estimator and the values observed, expressing the square root of the mean of the squares of these differences.
Actual Value
The true, factual, or real value of a measurement, differing from an estimated or theoretical value.
Forecast Value
The estimated or predicted value of a variable or set of variables at some point in the future.
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