A Formal,logical Explanation of Some Events That Includes Descriptions of How

question 54

Multiple Choice

A formal,logical explanation of some events that includes descriptions of how things relate to one another is called a(n) :

• A)hypothesis
• B)theory
• C)causal statement
• D)empirical study

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Definitions:

Autoregressive Model

An Autoregressive Model is a statistical model for analyzing and forecasting time series data, where future values are assumed to be a linear function of past values.

Exponential Smoothing Model

A forecasting technique that applies decreasing weights to past data, with the most recent data weighted most heavily.

Mean Absolute Deviation

A measure of variability that quantifies the average of the absolute deviations of each data point from the data set's mean.

Smoothing Constant

A parameter used in exponential smoothing methods to weigh the importance of historical data in forecasting.