The Standard Deviation of the Error Distribution Is Closely Approximated

question 73

True/False

The standard deviation of the error distribution is closely approximated by MAPE.

---

Definitions:

Elementary Description

A simplified explanation or portrayal of a concept, typically made accessible to those without specialized knowledge in the area.

Things

in the context of technology, often refers to devices or objects in the Internet of Things (IoT), where physical devices are connected to the internet and can collect and exchange data.

Events

Occurrences or happenings, especially those of significance, that can be observed in various contexts like social, natural, or technological realms.

Activities

Tasks, actions, or operations performed by individuals or groups, either physical or mental, to achieve a specific goal or purpose.