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A Negative MAD Indicates a Forecast That Is Too Low

question 53

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A negative MAD indicates a forecast that is too low.


Definitions:

Absolute Threshold

The smallest level of a stimulus that can be detected by the senses, such as the lightest touch or quietest sound perceivable.

Absolute Threshold

The smallest level of stimulus that can be detected by a sense (hearing, sight, touch, etc.) at least 50% of the time.

Minimum Threshold

The lowest level at which a stimulus can be detected by the senses.

Difference Threshold

is the minimum difference in stimulation required to differentiate two stimuli, also known as the just noticeable difference.

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