Examlex
If partners in a partnership are in a dispute not covered in the partnership agreement, a court uses the Uniform Partnership Act, if the state has adopted it, to settle the matter.
Mean Absolute Percentage Error
A measure used in statistics to assess the accuracy of a forecast or prediction, calculated as the average of absolute percentages of errors between predicted and observed values.
Smoothing Constant
A smoothing constant is a parameter in exponential smoothing used to control the level of smoothing applied to a time series.
Holt-Winters Additive Model
A forecasting technique that applies weighted averages and seasonality to predict future data points.
Holt-Winters Multiplicative Model
A forecasting technique that accounts for trends and seasonality in time series data, using a multiplicative approach to model seasonal changes.
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