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Ivy is an alcoholic who has completed a supervised substance-abuse rehabilitation program. Jerold is morbidly obese. Kim has heart disease. Considered to have a disability under the Americans with Disabilities Act is
Forecast Error
The difference between the actual demand and the forecasted demand, indicating the accuracy of forecasting methods.
Moving Average
A statistical method used to analyze data points by creating a series of averages of different subsets of the full data set.
Excel Function
A predefined formula in Microsoft Excel that performs calculations using specific values in a particular order.
Mean Absolute Deviation
A statistical measure that quantifies the average absolute deviation of data points from their mean, used to gauge variability within a dataset.
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